🔒 Prepare for 5 years of load shedding in SA — Ted Blom
Coal supply has become a major factor behind the recent bouts of load shedding in the country, and Blom doesn’t hold back any punches in this interview.
Coal supply has become a major factor behind the recent bouts of load shedding in the country, and Blom doesn’t hold back any punches in this interview.
Recovery may be shortlived as Eskom prepares for spate of power blackouts, the London-headquartered Financial Times tells its readers.
The real value of this story is that it provides incontrovertible evidence that those responsible for nuclear sector governance in South Africa have for the past 20 months at least, not had their heads in the game.
Anybody, be they climate change activists, alternative energy protagonists, academics, or woe-betide us, politicians, can easily take an idealistic position on South Africa’s energy mix.
Eskom, like other state-owned entities, has provided gravy for the long train of empowerment-linked companies looking for access to big taxpayer-funded contracts.
Having a monopoly power producer that is incompetent and verging on financial disaster is the single biggest threat facing the SA economy right now.
Renewables are quickly becoming the main means to obtain energy in the world especially as banks are starting to halt funding for dirty coal stations.
There is a “clear danger” that South Africa’s state-owned power utility Eskom Holdings could default on its debt, S&P Global Ratings said.
This in-depth interview unpacks lessons from Mick Davis’s career and looks ahead to his next challenge as CEO of the UK’s governing political party.
The report was conducted to assess the impact of increasing shares of variable energy generation on system operations in South Africa.