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
🤦♂️ every one has a say!!
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