Page 3 - AfrElec Week 11 2023

AfrElec CONTENTS AfrElec

COMMENTARY
Fossil fuel subsidies hit record high of $1 trillion in 2022 4

POLICY

South Africa’s President Ramaphosa appoints Electricity Minister 6

Eskom’s nationalisation triggered South Africa’s energy crisis, ex-CEO
says 7

South Africa’s new electricity minister unready to say when chronic

power outages may end 8

INVESTMENT

S&P Global downgrades South Africa’s economic outlook 9

CIP acquires renewable energy IPP 10
EU funds for KenGen geothermal plants 10

HYDROPOWER

Cairo warns Ethiopia over GERD impact on Nile water flow 11

NUCLEAR

Africa’s nuclear ambitions to be set at AFNBP conference in Uganda 12

GAS -FIRED GENERATION

Turkey’s Karpowership bid to feed South African grid hit by complaint 13

COAL-FIRED GENERATION

Botswana to bail out state-owned coal miner Minergy 13

NEWS IN BRIEF 14

NEWBASE POWER ROUNDUP GLOBAL (NRG POWER) 16

OUR CUSTOMERS 17

Have a question or comment? Contact the editor – Elena Kachkova (ekachkova@newsbase.com)
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Week 11 15•March•2023 www. NEWSBASE .com P3