Eskom grid expansion to cost taxpayers hundreds of billions
Expanding South Africa’s electricity grid is projected to cost the country hundreds of billions of rands over the next five years.
Expanding South Africa’s electricity grid is projected to cost the country hundreds of billions of rands over the next five years.
Eskom is facing significant grid capacity constraints, with many companies “hogging” grid allocations awarded to them through contracts with the Independent Power Producer office.
Several major South African metros are introducing solar feed-in tariffs, allowing residents with solar power systems to sell excess power back to the grid and reduce their monthly electricity bills.
According to Matthew Cruise, head of business intelligence and public relations at Hohm Energy, South African residents should expect load-shedding to continue for the next decade, and its intensity may even double over the next five years.
Eskom, South Africa’s power utility, has implemented six “defensive barriers” to prevent a national blackout despite its electricity generation challenges.