POWER CRISIS: President Ramaphosa’s bold energy plan still needs illumination for private sector

Will President Cyril Ramaphosa’s energy plan be a game-changer and go far enough in yanking South Africa out of its 14-year-old misery of perennial blackouts?

The regulator’s slow processes aside, Ramaphosa’s energy plan is thin on detail. There is no clarity on key deadlines for allowing private-sector renewable energy players to start feeding power into the national grid, or on who will be responsible for implementing the proposal. Another crucial missing ingredient is how much renewable energy projects will be paid for feeding the national grid with the excess electricity they generate.

But because of regulatory bureaucracy – mainly Nersa requirements – the industry has registered just 295MW of renewable energy projects. Mining is an energy guzzler and the industry has much to gain from not relying solely on Eskom. Ramaphosa’s energy plan is aimed at doubling the amount of energy procured in bid window six to 5.2GW, scheduled to be rolled out in April 2023.

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Expect a massive electricity price hike to fund Ramaphosa’s energy plan: reportSouth African power utility Eskom says it needs to hike tariffs to fund president Cyril Ramaphosa’s new energy plan. Just more money for corruption and looting. Oh 👏🏻 please can we, the people,pay for the refinancing of Eskom,subsidise the the new basic income grant and pay for the new NHI- Right out of the R100 we have left at the end of the month. Whilst each inept corrupt cadre continues to drive their Range Rovers. MisroleLouw Is it true that the Motsepes own private energy companies that eskom will be buying from?
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Eskom meets with 70 private institutions over electricity crisisPower utility Eskom met with the chief executives and top leadership from 70 private institutions on Friday (29 July) to discuss possible solutions to the energy crisis. Great news to see some real action..
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Thabo Mbeki: The money we need to fix the energy crisis is in private handsTshidi Madia spoke to former president Thabo Mbeki about the energy crisis and Eskom, the Zondo commission and the progress of the 2022 ANC policy conference so far. Greatest trader of all time James_Alderson8 I never believe it until I experience it For a start i deposited R50,000 to test the waters in 7 days I got a return of R500,000, he's diligence and honesty is undeniable. Thank you once again James_Alderson8 Like by his wife, She's private sector mos.. 🤔🤔 Its about time to retire these pensioners, how much revenue does Sars collect and how much a year do comrades steal, akayekhe ukukhonkotha.
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Ramaphosa's plan a tarted-up version of decade-old energy ideas | The CitizenIf the new plan is implemented as announced, it has great merit. That one he is always planning,we are poorly lead here.
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EDITORIAL: Nice plan, now how about implementing it?It’s the most far-reaching reform of SA’s energy sector in decades, but critics fear it’ll be another plan to gather dust. I really appreciate allison_grillo effort for turning my little investment of R8000 i got a big smile on my face after withdrawing R80,000 as my profit i just want to make everyone know of allison_grillo and how she has helped me through tough times . I have always hated Bitcoin and thought it was a scam until a friend referred me to Allison_Grillo, I made my first withdrawal of R100,000 in 2 weeks thanks to Allison_Grillo.
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