Projects

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. ...

Meridian was appointed to undertake a study of the international coal market. The study included an assessment of current and future export prices. ...

Meridian was tasked with developing a financial model of the mine, in conjunction with a mining engineering consultant. The aim of the model was to calculate the price for the Eskom coal that would enable the ongoing viability of the mine under different stochastically generated coal market and macro economic scenarios, and mine production configurations. ...

Meridian investigated the strategic position of the mine's shareholders as background for Eskom's negotiating position. ...

We collaborated with Econex in producing an expert report for Eskom on the hardship claim by Optimum. In addition to critically reviewing the details provided in the Optimum claim, we developed a range of strategic arguments that Eskom could employ to defend its case. ...

We collaborated with Econex and Eskom to undertake a scenario based study of the price and other implications of pursuing different coal sourcing strategies. The quantitative analysis was primarily based on Eskom's coal supply optimisation model. ...

We collaborated with Econex and Eskom by leading a project to produce a large study of the coal market in South Africa. The investigation focussed on outlining the key characteristics of the South African coal market (including the export component); on reviewing Eskom's future coal requirements; on identifying and investigating the key challenges that Eskom faces in meeting its future coal supply objectives; and on outlining the key choices, policies and strategies that will be required to meet its objectives. ...

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. ...