Eskom, business meet to discuss solutions to electricity crisis

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A meeting between Eskom and big business on Friday identified a number of areas where the business sector can make a practical and impactful contribution towards a sustainable electricity supply industry.

These include opportunities to invest in own-generation projects and independent power producers through land leasing and wheeling arrangements and encouraging the use of electricity sparingly to safeguard the national grid through co-ordinated energy efficiency campaigns.

Other areas identified for business include providing support for security interventions to protect the electricity infrastructure from vandalism and theft. In a statement on Sunday, Eskom said in its ongoing endeavours to resolve the long-running electricity crisis, the power utility met CEOs and top leadership from over 70 private institutions in a session led by the JSE and Business Leadership SA on Friday.

“The purpose of the discussions was to identify initiatives where the parties can collaborate and plant the seeds of opportunity to leverage private sector investment capacity and harvest the low-hanging fruit in the electricity industry,” Eskom CEO Andre de Ruyter said.

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