CSA Z462 Arc Flash Training – Electrical Safety Compliance Course
Our customized live online or in‑person group training can be delivered to your staff at your location.
- Live Online
- 6 hours Instructor-led
- Group Training Available
The agreement would enable Eskom to purchase power-saving bulbs that would be used in South Africa, the continent's largest economy, as the power utility struggles to meet rising power demand in the country.
South Africa's national grid nearly collapsed in early 2008, forcing mines and smelters to shut and costing the country billions of dollars.
Eskom has since launched an ambitious power expansion program but still needs to raise parts of the money required.
"As well as accessing carbon finance for Eskom, this project will have environmental and social benefits, reducing power demand in South Africa and reducing the energy bills of everyday consumers," the utility said in a statement.
Eskom said the carbon assets that would be created from the project would be Certified Emissions Reductions CER and Voluntary Emissions Reductions VER.
"The bank entered into a risk-taking contract with Eskom, to develop the Clean Development Mechanism CDM project at no cost to Eskom in exchange for an agreement to purchase carbon credits from Eskom," it added.
Related News
PG&E’s Pandemic Response Includes Precautionary Health and Safety Actions; Moratorium on Customer Shutoffs for Nonpayment
Group to create Canadian cyber standards for electricity sector IoT devices
Coal, Business Interests Support EPA in Legal Challenge to Affordable Clean Energy Rule
TotalEnergies to Acquire German Renewables Developer VSB for US$1.65 Billion
Solar PV and wind power in the US continue to grow amid favourable government plans
Tackling climate change with machine learning: Covid-19 and the energy transition
Sign Up for Electricity Forum’s Newsletter
Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.
Electricity Today T&D Magazine Subscribe for FREE
- Timely insights from industry experts
- Practical solutions T&D engineers
- Free access to every issue