Energy Department to sign Power Purchase Agreements in Pretoria - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The National Union of Metalworkers of South Africa , has warned that the introduction of privately-owned renewable independent power producers will lead to massive job losses.

Hlubi-Majola says, “This narrative that we’ve been told introducing more IPPs will end load shedding is frankly false. It’s just not true. Even during the load shedding crisis that we’ve had, the IPPs’ contributions have been minimal and will continue to be minimal because it is not a type of electricity that you can power industry with.”The on-going energy crisis in the country has led to the Buffalo City Metro clamping down on high energy users.

The Metro says it had no option but to take the step of reducing high power usage. Industries affected include the automotive sector which is seen as the backbone of the province’s economy.

They cause load shedding so as to accommodate these 'renewables' They know that these renewables are expensive and unjustified so they switch off generators, the public panics, they sign more renewables, they increase electricity prices to accommodate them and the cycle continues

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tunisian police question opposition leader - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Tunisian police questioned main opposition leader Rached Ghannouchi for more than 12 hours overnight, his lawyer said, over terrorism accusations that Ghannouchi, who was also speaker of the dissolved parliament, says are politically motivated. I'm really grateful for all the efforts you have render to me with my little investment of R4000 and with joy over me after withdrawing R50,000 with your help Catherine_nico thank you for everything you have done for me and my family Catherine_nico
Fuente: SABCNews - 🏆 37. / 51 Leer más »

Huge growth for Daily Investor – South Africa’s premier investment news and analysis platformDaily Investor has quickly cemented its position as South Africa’s premier investment news and analysis platform.
Fuente: BusinessTechSA - 🏆 24. / 61 Leer más »