South Africa dodged the worst-case scenario, says Ramaphosa

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South Africa dodged the worst-case scenario, says Ramaphosa
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President Cyril Ramaphosa says the government has made significant progress towards ending load shedding.

President Cyril Ramaphosa says although load shedding will not be resolved overnight, Eskom and the government are making “significant progress” in areas aimed at reducing and eventually removing it altogether.“Today, we are releasing a detailed report outlining the work done to improve the performance of Eskom’s power stations, accelerate the building of new generation capacity and drive regulatory reforms to transform the electricity sector.

“The Eskom debt relief package announced by the Minister of Finance will enable necessary investment in maintenance and expansion of the transmission network,” he said.A year has passed since President Ramaphosa announced the Energy Action Plan aimed at addressing load shedding and achieving energy security for the country.

“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. “It is encouraging to see that more municipalities are allowing customers to feed electricity into the grid when they have surplus electricity. This will provide yet another incentive for businesses to invest in alternative energy sources.

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