Nick Hedley | Forget Turkish ships – this Chinese solution to load shedding is infinitely superior | Business

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Based on the original agreement with Karpowership, SA would have to fork out an estimated R218 billion over 20 years for a measly 1 220MW of power. That equates to about R11 billion a year for a one-stage reduction in load shedding, says Nick Hedley.

Based on the original agreement with Karpowership, SA would have to fork out an estimated R218 billion over 20 years for a measly 1 220MW of power. That equates to about R11 billion a year for a one-stage reduction in load shedding, saysMany South Africans have pinned their hopes on a Turkish solution to rolling blackouts. We should be looking much further to the east, though.

Based on the original agreement with Turkey’s Karpowership, South Africa would have to fork out an estimated R218 billion over 20 years – for a measly 1 220MW of power. That equates to about R11 billion a year for a one-stage reduction in load shedding.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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