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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors
MNI POLITICAL RISK - Thune Eyes 'Deficit-Negative' Legislation
Pollution Regulations May Force Eskom to Shut Down a Third of Its Production Capacity
- Eskom says it is now legally obliged to shut down one-third of its generating capacity
- As the current legal situation stands, Eskom says, it must shut down power stations that contribute about a third of its total installed capacity of 48,000MW.
- On Tuesday morning, Eskom responded to, and provided more detail of, a set of regulatory decisions on its air pollution limits.
- "If implemented, the decision will result in an immediate shutting down of 16,000MW of installed coal fired capacity," Eskom said in a statement.
- "As such, Eskom is engaging with the [Department of Forestry, Fisheries and Environment], the Department of Public Enterprises, the Department of Minerals and Energy and others in respect of the way forward."
- On Monday evening, Eskom's environmental consultants released decisions on its Matimba and Medupi power stations. But also affected are four other power stations, further documents now published by Eskom show: Matla, Duvha, and Lethabo. Meanwhile, Eskom's applications on four more stations (Majuba, Tutuka, Kendal, and Kriel) were only partially granted.
- For seven other power stations, Eskom said, all of which are due to be shut down by 2030 at the latest, it received partial waivers – but those are not enough.
- Link: https://www.businessinsider.co.za/trending/eskom-s...
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.