Projects
The South African Energy Transition
The overall aim of the project is to undertake analysis and engage in stakeholder and media engagements to contribute to the public discourse on the energy transition in South Africa. This will further support policy and regulatory decisions that accelerate this process. ...
Independent financial analysis of Eskom and the options for its reform
The project aims to develop analytical capacity to investigate the medium to longer term implications of changes to the underlying sector fundamentals and the threats to Eskom's business model. It also aims to identify gaps in the public discourse relating to the financial aspects of the current Eskom crises and options for reform. ...
Tariff Estimate for a petroleum loading facility
Our client was contemplating building their own crude oil loading facility, due to capacity and logistical constraints on the existing facility. They required an understanding of the tariff that NERSA would be likely to approve for use of the facility, if they built it. ...
Prepare submission to NERSA tariff hearing
Our client is a shareholder in the ROMPCO pipeline that brings natural gas from Mozambique to South Africa. Our client required presentation materials to support their submission at the public hearing for a tariff on a new portion of the pipeline. ...
Task team to assess the fiscal regime applicable to windfall profits in the liquid fuels sector
In the February 2006 Budget, Minister of Finance Trevor Manuel announced the appointment of a task team to investigate whether windfall profits were being generated by the liquid fuels industry, in particular the synthetic fuels industry, and whether a windfall tax should be imposed if such profits existed. Grové Steyn was subsequently appointed as a member of the Task Team by the Minister of Finance. The final report was delivered to the Minister of Finance in February 2007. ...
Impact of economic regulation on management and performance of SOEs
Meridian was appointed to produce a report on the impact of economic regulation on the management and performance of state-owned enterprises (SOEs). The report set out to identify the key challenges related to the economic regulation of SOEs in the energy, transport and communications sectors. It outlined a framework for understanding the impact of regulation and the related governance framework on the performance of SOEs and to make recommendations for how the impact of economic regulation on SOE performance can be improved. ...
Renewable Energy Debt Fund
Grové was appointed to, and elected as chairperson of, the external Technical Advisory Committee, established by Mergence with a view of obtaining an external review of the portfolio of projects in its Renewable Energy Debt Fund. ...
Member of the Ports Regulatory of South Africa
Grové served as a member of the Board of the Regulator and also chaired the Regulatory Committee that was responsible for all matters related to the TNPA's tariffs and tariff setting methodology. His responsibilities included chairing public hearings and oversight of the tariff review processes in the Ports Regulator; of the development of a new tariff and pricing structure methodology; and of the finalisation of the annual tariff determination. ...
Intervention in the Competition Tribunal hearing on the Glencore – Xtrata merger
Grové collaborated with Econex in preparing the report. The report considered the likely market power of the merged entity, Eskom's countervailing buyer power and possible anti-competitive effects of the merger. It also analysed the potential effects that the proposed merger were likely to have on Eskom's coal purchases, future electricity tariffs and on the South African economy more widely. ...
Financial and Economic analysis in the Sasol Chemicals Industry excessive pricing case.
The Competition Commission was preparing its case documents for its referral of Sasol Chemicals Industries (SCI) to the Competition Tribunal for alleged excessive pricing. The Commission needed assistance with responding to the technical financial aspects of SCI expert witness statements, especially as they relate to the estimation of the appropriate asset valuation and cost base of the SCI products. ...