Chris Yelland | Insights on SA's electricity supply - and why there's been less load shedding
The Eskom fleet's energy availability factor this year is similar to that of the same period last year. So why are we experiencing less load shedding this year? asksThe electricity supply industry in South Africa is in a state of flux, including a significant reduction in the intensity and frequency of load shedding. Electricity customers may be wondering what is going on.
Electricity customers are responding by moving to self-generation and alternative energy sources, including rooftop solar PV, battery energy storage, gas for cooking, solar hot water geysers, energy efficiency, and a general reduction in demand for grid electricity. At the same time, Eskom has also been in something of a debt spiral, which has been arrested for the time being by government bailouts from National Treasury, which has put a moratorium on significant new debt by Eskom.
In Transmission, we are seeing the creation of a nominally independent, state-owned national power transmission operating company , an independent market operator , and an electricity market in South Africa. We will also likely see new high-voltage transmission corridors that will be financed, constructed, operated and maintained via public-private partnership concessions , because Eskom does not have the resources, money or balance sheet for this.
A fundamental change is taking place in the electricity sector of South Africa as it starts to catch up with those in many other parts of the world. This change is in progress now, but is not ayet, and it could be reversed if reactionary, backward-looking naysayers and"doolittles" in the country, with vested interests in the failed status quo, get their way politically.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Valuable insights and risk mitigationTranslating Microsoft Compliance Manager’s dashboard into your risk and compliance management metrics.
Read more »
Telkom's Blaze podcasts revolutionise entrepreneurial insightsPromoted | Telkom Business has launched a ground-breaking podcast series, Blaze, aimed at South African entrepreneurs.
Read more »
Insights on the changes to local indicesThe move opens the door to lower fees for end investors and better economies of scale – Michael Dodd from Morningstar SA.
Read more »
Valuable insights and risk mitigationTranslating Microsoft Compliance Manager’s dashboard into your risk and compliance management metrics.
Read more »
Analysing consumer behaviour and economic trends: Insights from Altron FinTech’s Household Resilience Index (AFHRI)Understanding the intricate dynamics of consumer behaviour and economic trends is paramount in navigating the ever-evolving landscape of South Africa’s economy.
Read more »
Expert insights into semigration to the Western CapeSemigration is one of the latest property trends to hit South Africa in recent years. The trend saw huge numbers of individuals and families choosing to sell their inland properties and moving mainly to coastal areas.
Read more »