Projects and Energy Weekly Snippets
30 October 2015
Cape Town bus transport system looking to go green
The City of Cape Town has announced that biofuel and electric buses are on the cards for the MyCiTi bus service. This announcement was made following the closing of the African Union of Public Transport (UATP) Workshop on Best Practice in Africa last week.
The City of Cape Town Transport Authority is preparing to issue a tender for the procurement of electric buses to join its fleet of existing vehicles. The tender is due to be issued within the next few months.
ESI-Africa, 27 October 2015
Government "cautiously optimistic" due to improved energy supply
South Africa continues to face macroeconomic constraints, but the government is cautiously optimistic that the economy will return to growth largely due to a significantly improved electricity supply outlook and intense efforts by the state to boost investment.
This is according to Rural Development and Land Reform Minister Gugile Nkwinti, who chairs the economic cluster of ministers. He was speaking on Wednesday at a briefing on progress made in implementing the state’s plans.
Business Day, 28 October 2015
Renewable energy: a leading source of energy
The International Energy Administration (IEA) recently released its annual market report, the Medium-Term Renewable Energy Market Report 2015 (MTRMR), at the G20 Energy Ministers meeting.
In the report, the IEA advises against government policies that create doubts around the deployment of renewables, pointing out the advantages which the renewable energy provides, such as affordably mitigating climate change as well as improving energy security.
ESI-Africa, 28 October 2015
Brown says South Africa has enough electricity for now, stresses energy challenges
South Africa’s economic growth could be seriously hampered in the medium term if the country does not have additional electricity generation capacity. But, for now, government, as well as Eskom, is doing all it can to keep the lights on, says Public Enterprises Minister Lynne Brown.
“What we are trying to do is keep the lights on for what we have at the moment. It doesn’t help in areas of growth, but we have enough electricity for what we need on a daily basis,” she told an American Chamber of Commerce business breakfast in Cape Town.
Engineering News, 29 October 2015
Localisation by oil, gas companies in Africa should go beyond "box-ticking" – Deloitte
Multinational oil and gas companies should embrace the concept of localisation in the countries in which they operate, partnering with governments and local communities to lower supply-chain costs, boost local skills development, reduce risk and enhance their local reputation, global audit and consulting firm Deloitte has advised.
According to Deloitte, Africa had become a significant player in the oil and gas industry over the last ten years, with research showing that the continent’s contribution to global crude production had trended between 9.4% and 12.1% over the last five years, with an increase of 2.1 million barrels a day between 2013 and 2014.
Engineering News, 29 October 2015
The above reflects a summary of certain news articles published during the preceding week. It is not an expression of opinion in respect of each matter, nor may it be considered as a disclosure of advice by any employee of Hogan Lovells.