BLOOMBERG/BING GUAN
President Cyril Ramaphosa has lifted the threshold for companies to produce their own electricity without a licence to 100MW, in a surprise announcement that will be much celebrated by business. Embedded generation — when a company produces electricity for its own use or for use by others — is widely regarded as the quickest way to bring additional megawatts onto the grid. Companies, mines and farms are believed to have 5,000MW in pent-up projects, which could be released if licensing requirements were lifted.
Eskom was on stage 3 load-shedding on Thursday, dropping 3,000MW of demand from the grid to avoid it being overloaded.
Once again, Too bad CyrilRamaphosa and his CORRUPT TO THE CORE MYANC gov is to busy with corruption enrichment of themselves and their anc connecteds, of which the FAILED Eskom_SA is a MAJOR PART, to care about solving SA's energy problems or caring about the people of SA
Please not wind turbines in our country. We have over 100 migratory bird species that make this their home. Those turbines would make them extinct.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: City_Press - 🏆 7. / 72 Read more »
Cyril Ramaphosa lifts generation threshold for companies to 100MWEmbedded generation is widely regarded as the quickest way to bring additional megawatts onto the grid
Source: BDliveSA - 🏆 12. / 63 Read more »