President Cyril Ramaphosa has put renewables at the core of government’s plans to end load-shedding. PowerCrisis PresidencyZA
President Cyril Ramaphosa has put renewables at the core of government’s plans to end load-shedding.This, as embattled power utility Eskom, which provides the majority of South Africa’s power needs, has over the years struggled to maintain a steady power supply, thereby putting the economy at risk.
A further 2 600MW of capacity has been procured through Bid Window 5, which will begin to add capacity from early 2024, he added. “We also changed the regulations to allow municipalities to procure power independently. A number of municipalities are already in the process of doing so.”He noted Eskom recently made land available next to its power stations in Mpumalanga for renewable energy projects, which will unlock 1 800MW of new capacity.
“We have spoken in the past about Eskom’s huge debt, which stands at close to R400 billion. The debt continues to be a huge burden on Eskom’s ability to address its many challenges. The National Treasury is working to finalise a sustainable solution to Eskom’s debt.” “There can be no longer any excuses. These steps will allow us to limit load-shedding to lower stages and reduce the risk of such severe load-shedding in future. To end load-shedding, however, we need to urgently add much, much more capacity to the grid.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LIVE | President Cyril Ramaphosa closes ANC KZN conference after blows to allies | News24President Cyril Ramaphosa is expected to close the ANC KZN conference after blows to allies.
Read more »
FAMILY MEETING: President Cyril Ramaphosa to address the nationFAMILY MEETING: President Cyril Ramaphosa to address the nation 'Fellow South Africans' makes a return as President Cyril Ramaphosa is to address the nation about the energy crisis on Monday.
Read more »
Cyril Ramaphosa ends speculation and arrives at provincial elective conferenceAfter much confusion, President Cyril Ramaphosa’s convoy arrived at the ninth provincial elective conference in KwaZulu-Natal on Sunday to protesters singing Wenzeni uZuma.
Read more »
PROVINCIAL CONFERENCE: New ANC KZN leader Siboniso Duma saves Cyril Ramaphosa from embarrassmentLess than a day after he was elected as leader of the ANC in KwaZulu-Natal, Siboniso Duma faced his first test — to persuade conference delegates to allow party president Cyril Ramaphosa to speak without being booed, heckled or disturbed.
Read more »
Cyril Ramaphosa booed at ANC KZN elective conferenceWhen Ramaphosa took to the podium, delegates broke into song - singing the “wenzeni uzuma” which translates to “what has zuma done?”
Read more »