Eskom Power Alerts

biometrics

biometrics

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Another SOE?! Oh god, please save us from the incompetents...

ANC considers second state-owned power utility to challenge Eskom 'monopoly' - Ramaphosa

President Cyril Ramaphosa on Friday announced that the ANC is strongly considering the establishment of a second state-owned power utility to reduce the risk posed by Eskom's failings.

Ramaphosa, who gave the ANC's message of support on the third day of the SACP's elective congress, said the proposal was initially made by Energy and Mineral Resources Minister Gwede Mantashe after the power utility plunged the country into stage six load shedding.

"Eskom has been operating as a monopoly for over 100 years and having one company taking up the role of providing energy to the entire country poses a great risk. If it [Eskom] fails, its failure becomes a peculiar failure for the entire country," he said.

Ramaphosa said Mantashe's proposal was a great idea. "Look at China. It has a number of state-owned power providers who compete among themselves ensuring that the price of electricity is greatly reduced."
 
satanboy

satanboy

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President Cyril Ramaphosa to address the nation on the electricity crisis at 8pm. The address follows a number of meetings with government, stakeholders and power producers.
 
biometrics

biometrics

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Joined
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satanboy said:
President Cyril Ramaphosa to address the nation on the electricity crisis at 8pm. The address follows a number of meetings with government, stakeholders and power producers.
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I'll have a look as I need to consider spending nearly R200k for decent solar power. Might delay that until I can buy an EV.
 
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