Eskom: From fail to bail to auction block | Business | M&G

President Cyril Ramaphosa has told us firmly that Eskom is too important to be allowed to fail, but ratings agency Standard & Poor’s has apparently taken a somewhat different tack, and Engineering News reported that it viewed Eskom as too big to bail.

The plan comes from Greenpeace and is authored by Uwe Leprich, who has an impressive CV in the fields of economics, energy policy, future energy systems, decentralised power generation and climate protection.Eskom: A Roadmap to Powering the Future, is subtitled The Future Role of Eskom in the Transition Process of the South African Electricity Sector

A strength of the report is that it draws on international cases of states and large energy companies that are also shifting, or attempting to shift from the old to the new. • All other stations except Medupi and Kusile would be sold by Eskom, one by one, over the next five years in competitive auctions; and

Eskom’s coal-fired power generation will be transferred from Eskom to new generation companies, which will operate the power plants on precisely defined conditions in terms of compliance with existing air quality and environmental regulations, and clear timelines for their closure.

Drcommission or mothball

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Modise rejects DA request for Eskom debate - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Speaker of the National Assembly, Thandi Modise, has declined a request by the Democratic Alliance for a debate of national importance on Eskom's financial crisis. THE Hon Thandi dont Respond, for my Request to inform the President of the Solution that he Prayed for, the Solution that can gen great WEALTH for SA,so my Request will also denied,declined,and shred,, but if she do,,ALL IS A PIPEDREAM IAM THE MESSANGER WAITING FOR THE PRESIDENT AND this DEBATE is Part of what the President prayed for,, Mmusi dont have the knowlege of this DEBATE,,but dont Restrain the PRESIDENT of this,, EASY IAM THE MESSANGER WAITING FOR THE PRESIDENT
Source: SABC News Online - 🏆 32. / 51 Read more »