Eskom's high tariff demands risk pricing itself out of market - SABC News - Breaking news, special

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Eskom's high tariff demands on NERSA could lead to it pricing itself out of the market, says analyst

He predicts that emerging power technologies will eventually replace the state-owned company. Kgadima also points out that this factor contributes to the persistence of load shedding.

His comment comes as a Bloemfontein-based Electronics Technologist in the Free State has invented various power solutions.“We’ve seen of late, recently, that Eskom has lost well over 7 000 megawatts of demand, that ordinarily would have been met by Eskom, which currently has gone off the grid. That is compromised mainly of solar power more than the other technologies, which will be, that are costly such as using diesel to generate backup power, during the time of load shedding.

Kgadima further explains. “But as more and more and I project that by March 2024, at least 12 000 megawatts of electricity demand which ordinarily would have been met by Eskom, would have migrated off grid. So, that shows that indeed there are technologies that are now being deployed which are so advanced to actually offer electricity reliably, at the lowest cost possible.”

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