Recent Posts

Eskom increases power cuts as more plants fail

Bloomberg Eskom Holdings SOC Ltd expanded a schedule of rolling blackouts across South Africa after more of the state-owned utility’s generating units failed, spotlighting the fragility of the power supply system. The struggling state-owned company is cutting 4,000 megawatts from the grid, spokeswoman Dikatso Mothae said by phone. So-called stage-4 loadshedding, the highest degree that has been implemented thus far ...

Read More »

Poland’s chaebol spooks investors

Bloomberg Minority investors in Poland’s state-run companies fled on concerns that a surprise $753 million bid by the country’s top oil refiner to buy a power producer may herald more government efforts to build “cross-industry” national champions. The risk is that some of the biggest companies listed in Warsaw — the worst-performing primary equity index in the world — are ...

Read More »

Rolls-Royce goes nuke way

Bloomberg Rolls-Royce Holdings Plc is pitching nuclear reactors as the most effective way of powering the production of carbon-neutral synthetic aviation fuel without draining electricity grids. Drawing on technology developed for nuclear-powered submarines, the small modular reactors or SMRs could be located at individual plants.

Read More »
Send this to a friend