Busi Mavuso, the CEO of BLSA chimes in on the electricity minister’s big plans.
Plans to tackle the energy crisis are already well established – but implementation falls short due to the government being short-tempered with plans, says Busi Mavuso, the CEO of Business Leadership South Africa .
“Business has backed that plan, going so far as to raise R100 million to pay for the technical skills needed for its implementation,” she said. This proposal stands in stark contrast to the original energy plan outlined by NECOM and President Cyril Ramaphosa’s Just Energy Transition, which both have seen substantial amounts of investment.
“They require huge amounts of investment, can only affect electricity availability several years ahead of us, and may well face operating costs that are higher than the costs of alternative sources of new electricity,” the CEO added. “The IRP is the single document that sets out a course for the future of electricity supply. It carefully assesses the different options and charts a course that delivers reliable energy at the least cost,” Mavuso said.
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