Energy minister jeff radebe
Radebe: No irregularities with proposed $1bn South Sudan oil deal
According to a report, the deal had raised eyebrows in government circles and could land Energy Minister Jeff Radebe in trouble.
Minister Pravin Gordhan said technicians are still investigating what has caused the several breakdowns and hope to report back to the public in 10 days.
The labour union has rejected government’s plan to split the power utility into three entities comprising of generation, transmission and distribution.
The minister says coal-generated power is simply not sustainable.
Energy Minister Jeff Radebe vouched for the renewable energy independent power producers project, saying that the awarding of contracts is fair, open and transparent.
South Africa needs to invest in new electricity generation capacity and instill confidence in its ability to generate power so as not to deter investment, Energy Minister Jeff Radebe said on Tuesday at an energy conference in Johannesburg.
Patrice Motsepe held a briefing on Monday, to deny allegations that the decision to unbundle Eskom, which was announced by his brother-in-law, President Rampahosa, will benefit his company.
Saudi Arabia was also interested in using South Africa’s oil storage facilities.
South Africa is aiming to finalise a long-term plan for the country’s energy mix next month, and once that is done it will launch another round of renewable energy deals, Energy Minister Jeff Radebe said on Wednesday.
Minister Jeff Radebe says the new chairperson is Dr Rob Adam, who has served as a former director-general and as a group executive within the nuclear sector.
Necsa exports radioisotopes used in nuclear medicine and promotes research and development in nuclear energy.
South Sudan’s oil industry is dominated by Asian firms including China National Petroleum Corporation, Malaysia’s Petronas and India’s Oil and Natural Gas Corporation.
The long-awaited plan spells out the country’s energy needs until 2030.
The government has proposed the move as the cost of crude oil soars, driving fuel prices to record highs.
Minister Jeff Radebe says the fuel price is largely caused by the rand dollar exchange rate and the cost of crude oil.
Radebe says his department Treasury and the Auditor General’s office are still trying to find an amicable solution to governance matters relating to the 27 renewable solar and wind projects must manage.
The government forked out R500 million this month to cap at five cents an expected R1,25 a litre petrol increase.
According to the new draft IRP, renewables will be the key focus in the coming years, but coal power will still contribute more than 65% of energy volumes by 2030.
Releasing the long-awaited draft Integrated Resource Plan (IRP) on Monday, Energy Minister Jeff Radebe announced that, instead, renewable energy will be the key focus over the next decade.