Load shedding is an all-encompassing and persistent challenge that requires significant investment, exceptional leadership, a purpose-driven, goal-oriented implementation plan, and ultimately, a shift from coal generated power to more sustainable forms of electricity.
This assessment, expected to be completed by the end of July 2023, will consider putting in place a concession model which could see Eskom’s original equipment manufacturers brought in to turn around and improve the energy availability factor of Eskom’s coal-fired power plants. One of the compelling advantages of OEMs lies in their ability to work on a risk and reward basis, based on the institution of long-term contracts. In an era of fiscal constraints, this arrangement offers Eskom a practical way to achieve efficiency gains without incurring excessive costs upfront.
They agreed that while Eskom and its team need to remain at the heart of finding solutions, OEMs bring a wealth of global and local skills to the table precisely because they designed and built Eskom’s plants. This makes them invaluable allies in resolving South Africa's electricity crisis and transferring skills, not only to Eskom directly, but also to smaller companies that can be part of the solution.
Their involvement can revitalise Eskom's infrastructure, introducing modern technologies and processes that enhance operational efficiency and reliability. By embracing the technical prowess of OEMs, South Africa paves the way for a brighter future, where a stable and robust electricity supply becomes a catalyst for progress across all sectors.
Eskom's infrastructure is currently the backbone of South Africa's electricity supply, and its efficient functioning is indispensable for economic growth and societal well-being. The electricity crisis dictates that every single capable, experienced and knowledgeable technical skill needs to be deployed.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: News24 - 🏆 4. / 80 Read more »
Source: News24 - 🏆 4. / 80 Read more »