The EIUG welcomes the Budget 2023 announcement on energy recovery support mechanisms. The Minister covered three important aspects, namely, Eskom Debt Relief, Municipal Debt Resolution and Renewable Energy Fiscal Support.
MEDIA STATEMENT: The Energy Intensive Users Group (EIUG) broadly welcomes the pronouncements made by the President in the recent SONA address in Parliament on 09 February 2023. The EIUG is also particularly encouraged by the drive and retained focus demonstrated by the President on the Energy Action Plan first outlined in July 2022, which generally aligns with EIUG views on these matters. The pronouncements on roof top solar incentives, diesel support to Eskom and the reiteration of Eskom debt support are viewed by the EIUG as positive. We also believe the pronouncement on the Minister of Electricity and the ...READ ARTICLE >>
MEDIA STATEMENT: The EIUG learnt with shock the resignation of Eskom Chief Executive Officer, André de Ruyter, yesterday afternoon. de Ruyter is leaving in the midst of an unprecedented bout of power interruptions due to poor generation performance and unavailability of diesel. As a country, we are now not only enduring extensive power disruptions but also face a utility without a formally appointed leader to see us through the crisis. We therefore call on the Eskom Board and Shareholder to urgently start the process of finding a capable replacement who will vigorously drive the generation performance turn-around, tackle criminal ...READ ARTICLE >>
MEDIA RELEASE The Energy Council of South Africa, Minerals Council South Africa, Business Leadership South Africa (BLSA), Business Unity South Africa (BUSA), the South African Petroleum Industry Association (SAPIA) and Energy Intensive Users Group (EIUG) are jointly proposing improvements to the Carbon Tax proposals of the Taxation Laws Amendment Bill (TLAB). As the multi-representative bodies of organised business in South Africa, we are committed to a thriving and sustainable energy sector in South Africa and a just and equitable transition. We are supportive of carbon pricing, including the carbon tax and the development of tools and mechanisms that promote ...READ ARTICLE >>
Access reports from www.eskom.co.za/IR2018/Pages/default.aspx While the Energy Intensive User Group (EIUG) of Southern Africa is concerned about the state of finances at the public power utility (Eskom), Xolani Mbanga, CEO says that the group, which represents 40% of Eskom’s energy users, welcomes the transparency Eskom’s Board and management has shown in laying bare Eskom’s financial condition and system outlook. The EIUG welcomes the action taken by Eskom to deal with corruption both within its ranks and from suppliers and service providers. The EIUG also supports the work being done by Eskom and its shareholder in reviewing Eskom’s business ...READ ARTICLE >>
The EIUG is extremely concerned about the industrial action by Eskom employees. This strike will be hugely detrimental to the fragile SA economy. The EIUG’s 32 members who consume 40% of the electrical energy in the country, collectively contribute around 22% to the GDP of SA and neither they nor any other companies in South Africa can afford to have electricity cuts. Says Xolani Mbanga, CEO of the EIUG, “At this stage the load shedding has not been applied to large electricity users. We have been in contact with Eskom and note its intention to activate its contingency ...READ ARTICLE >>
The Energy Intensive User Group (EIUG) notes Eskom’s intention to approach the courts to have NERSA’s tariff set aside. EIUG represents very large energy intensive consumers in South Africa whose members collectively consume approximately 40% of South Africa’s electricity. The organisation works towards a sustainable energy sector on behalf of its members. Xolani Mbanga, EIUG CEO says, “We cannot comment on the merit of Eskom’s application as we have not yet seen the details. What does concern us is that this action increases the uncertainty around the electricity price and negatively impacts large power users.” He adds, “While ...READ ARTICLE >>
The Energy Intensive User Group (EIUG) and its associated organisation, the Industry Task Team on Climate Change (ITTCC), have pleasure in announcing the office bearers for 2018, elected at the recent AGMs of the two bodies. EIUG Chairman is Tsakani Mthombeni, with more than 10 years of experience, currently Group Head of Carbon and Energy at Gold Fields, tasked with setting the group’s energy and carbon management strategy and supporting its execution across the group’s gold mining operations in South Africa, Ghana, Australia and Peru. Tsakani has also worked at the Technology Innovation Agency, Anglo American, Eskom and Cape Town ...READ ARTICLE >>
EIUG REPRESENTS BIG ENERGY USERS IN PUBLIC HEARINGS, SAYS ANY FURTHER INCREASE IN TARIFF WILL EXACERBATE ESKOM’S DEATH SPIRAL The Energy Intensive User Group (EIUG) of Southern Africa is participating in public hearings this week to request NERSA not to allow Eskom’s application for increases. Says Xolani Mbanga, CEO of EIUG, whose members account for approximately 40% of electrical energy consumed in South Africa, “we have scrutinised Eskom’s application and are of the view that NERSA should not allow the recovery of costs. We believe that any further increase in tariff will only exacerbate Eskom’s death spiral.” He adds that the ...READ ARTICLE >>