SA cannot afford Eskom's plans, encouraging the purchase of power at any cost
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“It can never be feasible to keep the lights on at all cost, because there is a limit to the cost that you will be able to bare," says independent economic and energy analyst Tshepo Kgadima.
While unpacking Eskom's recently announced, power purchase programme strategies aimed at securing 1000MW to bolster constrained generation capacity, Kgadima said that the plan was scant on details. He said that the plan payed little mind to the cost South African consumers would be expected to pay for energy. Criticizing Eskom's requested 32.02% electricity price increase from the National Energy Regulator (Nersa), he added that SA will fall into an exorbitant amount of debt, while tryin to bail out Eskom.
Kgadima said that the plan seemed as if Eskom expected Nersa and by extension the South African consumer, to throw money that they do not have at the ongoing energy crisis.
While unpacking Eskom's recently announced, power purchase programme strategies aimed at securing 1000MW to bolster constrained generation capacity, Kgadima said that the plan was scant on details. He said that the plan payed little mind to the cost South African consumers would be expected to pay for energy. Criticizing Eskom's requested 32.02% electricity price increase from the National Energy Regulator (Nersa), he added that SA will fall into an exorbitant amount of debt, while tryin to bail out Eskom.
Kgadima said that the plan seemed as if Eskom expected Nersa and by extension the South African consumer, to throw money that they do not have at the ongoing energy crisis.