market intelligence
Koeberg nuclear fuel supplies in trouble after US-South Africa pact ends South African power utility Eskom is examining how the suspension of a pact that enables it to import nuclear fuel components from the US, will affect its sole atomic plant. The Agreement for Cooperation in Peaceful Uses of Nuclear Energy between the US and South Africa expired on December 4. That resulted in Westinghouse Electric losing its license from the US Nuclear Regulatory Commission to export fuel-assembly components to Eskom’s Koeberg plant near Cape Town. “Eskom is exploring the implications of the withdrawal of the US NRC approval for Westinghouse and what is needed to enable them to continue supplying fuel,” the utility said in a reply to questions… Read more
SA steel industry needs level playing field says Amsa’s Kobus Verster Writing in IOL.co.za, ArcelorMittal South Africa CEO Kobus Verster says the South African steel industry needs a level playing field through the establishment of a conducive operating environment and a level ecosystem to allow it not only to survive but to flourish. He stated; “As we enter another election season, there is much discussion about ‘saving’ the local steel industry. ‘Saving it’ is, however, a misguided narrative, and one that needs addressing” ... Read more
Looming industrial gas crisis, government called upon to make haste Against the backdrop of a looming supply crisis, Industrial Gas Users Association of Southern Africa Executive Officer Jaco Human reported that the South African gas sector employs 70 000 people and contributes significantly to the manufacturing sector to the extent of about R500-Billion a year. Speaking during a Moneyweb podcast, he reported there are no feasible or discernible alternatives for energy to run these plants at this particular point in time… Read more
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Issue 1– 2024
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