‘Significant progress’ since launching the Energy Action Plan – Ramaphosa

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 77%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

[PRESIDENT'S DESK] Today (31 July), 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 sector.

A year has passed since we launched the Energy Action Plan to resolve the load shedding crisis, and we are now able to report significant progress in several areas. 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.

Presidency ‘very concerned’ about licence for Eskom transmission unit The winter months will soon be coming to an end. Although load shedding has continued, as was anticipated, we have managed to avert a worst-case scenario by stabilising the performance of Eskom’s power stations and reducing demand. Eskom’s generation fleet continues to show sustained improvement. Unplanned losses have been reduced to less than 16000 MW in in the last two months, down from more than 18 000 MW previously.

Cape Town to pay cash for residents’ excess power Regulatory changes have helped to boost private investment in new generation capacity. These changes include the removal of the licensing threshold for generation facilities and the fast-tracking of project approvals and registration. This work has enabled a massive boom in private investment in electricity generation, with a pipeline of more than 10 000 MW of new capacity that will begin to connect to the grid later this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LIVE | Minister of Electricity briefs media on Energy Action Plan - SABC NewsThe Minister of Electricity, Dr Kgosientsho Ramokgopa briefs media on progress made regarding the implementation of the Energy Action Plan.
Source: SABCNews - 🏆 37. / 51 Read more »

LIVESTREAM | Minister Ramokgopa gives energy action plan updateElectricity Minister Kgosientsho Ramokgopa briefs the media on progress made with the implementation of the energy action plan.
Source: eNCA - 🏆 49. / 51 Read more »

Government reports improvement in execution of energy action planElectricity Minister Kgosientsho Ramokgopa says there has been an improvement in the implementation of the energy action plan a year on. He briefed the media...
Source: SABCNews - 🏆 37. / 51 Read more »

Energy action plan is making progress a year after its launch: RamaphosaPresident Cyril Ramaphosa announced government will release a detailed report outlining the work done to improve the performance of Eskom's power stations a year after cabinet launched the energy action plan to resolve the load-shedding crisis.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Energy action plan is making progress, Ramaphosa saysGovernment will release a report outlining the work done to improve the performance of Eskom’s power stations
Source: BDliveSA - 🏆 12. / 63 Read more »