Eskom has put out a code red and urgently needs new energy supply. But it can only do so much with one hand tied behind its back by the Department of Mineral Resources and Energy, says Alex Lenferna. | Fin24
that Eskom’s ailing coal fleet has an energy availability factor well below what is required to provide the country with reliable electricity. South Africa desperately needs new energy supply to provide room for Eskom to perform desperately needed maintenance and plug the rapidly growing energy supply shortfall the country faces.
to its"non-negotiable" deadline of July 2021, it is yet to even reach financial closure, never mind begin construction. That’s nearly two years after it was launched to rapidly bring new energy online.The project is also proving to be simplyThe powerships are a potent symbol of failure – the prioritisation of projects that are polluting, outdated, and expensive, which continues. Projects like new coal, which banks refuse to finance for both economic and environmental reasons.
within just one year due to smart policy. During Mantashe’s tenure, the DMRE has not successfully brought online any new large-scale renewable energy projects, apart from those already in the pipeline from Mantashe’s predecessor.urgently rolling out plans