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Eskom needs to impose more price hikes to become profitable, says CEO Quality of coal in SA s power stations worrying, says public enterprises minister Pravin Gordhan 17 February 2021 - 16:33 Image: REUTERS/Sumaya Hisham Power utility Eskom says it would have to impose an additional 15% tariff hike in the 2023 financial year and resolve the existing municipal debt to become a profitable business again. This is according to CEO Andre de Ruyter, who made the revelation before the portfolio committee on public enterprises on Wednesday. This was less than 24 hours after the Pretoria high court ordered the National Energy Regulator of SA (Nersa) to add R10bn to Eskom’s allowable revenue to be recovered from tariff customers in the 2021/2022 financial year. ....
Fixing âthe Eskom problemâ is going to require a serious restructure 27 January 2021 6:30 AM Share This: Fixing âthe Eskom problemâ is going to take much more than just throwing good money at it â Eskom needs to be restructured. While there has been much focus on the Emergency Power Programme in South Africa recently, we need to ensure that the narrative is not around quick, short-term fixes to solve âthe Eskom problemâ but rather about ensuring that the energy sector is a strategic sector both locally and across the continent. Consider for a moment that there are 600 million people across Africa who do not have access to electricity. Yet at the same time, we have an abundance of alternative energy sources including gas, solar, wind, biomass and water. We need to identify a way to harness these resources rapidly and to create an enabling environment for these projects to come online to drive economic activity. ....
Fixing “the Eskom problem” is going to require a serious restructure 56 days ago While there has been much focus on the Emergency Power Programme in South Africa recently, we need to ensure that the narrative is not around quick, short-term fixes to solve “the Eskom problem” but rather about ensuring that the energy sector is a strategic sector both locally and across the continent. Consider for a moment that there are 600 million people across Africa who do not have access to electricity. Yet at the same time, we have an abundance of alternative energy sources including gas, solar, wind, biomass and water. We need to identify a way to harness these resources rapidly and to create an enabling environment for these projects to come online to drive economic activity. ....