Government will release a report outlining the work done to improve the performance of Eskom’s power stations
President Cyril Ramaphosa says government is able to report significant progress in several areas such as acceleration in building new generation capacity and driving regulatory reforms to transform the electricity sector. Picture: ESA ALEXANDER
Ramaphosa said government was able to report significant progress in several areas such as acceleration in building new“Eskom’s generation fleet continues to show sustained improvement. Unplanned losses have been reduced to less than 16,000MW in the past two months, down from more than 18,000MW previously,” he said.worst-case scenario has been averted by stabilising the performance of Eskom’s power stations and reducing demand.
In his weekly newsletter Ramaphosa said the Eskom debt relief package announced by finance minister Enoch Godongwana earlier this year would enable“We are fast-tracking the procurement of new generation capacity from renewables, gas and battery storage. Later this year the first three projects from the emergency power programme are expected to connect to the grid,” he said.most recent bid windows of the renewable energy independent power producer programme should be in construction.
“Regulatory changes have helped to boost private investment in new generation capacity. These changes include the removal of the licensing threshold for generation facilities and the fast-tracking of project approvals and registration,” he said.boom in private investment in electricity generation, with a pipeline of more than 10,000MW of new capacity that will begin to connect to the grid later this year.
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