Energy minister Gwede Mantashe says that a new second power generation company would fall under his department and generate electricity alongside Eskom.
He told the Sunday Times that a move to renewables was more “ideological than technical”. Were it not for this ideology, the country would already have Karpowership’s floating power plants up and running, he said.
President Cyril Ramaphosa said earlier in the week that the creation of a new energy-producing system would assist in alleviating the risk posed by the failings of the current system.
Mantashe told the media that a second state-owned company would need more power stations to be built. “So what we are suggesting — it’s not a decision yet — is let’s have a second generation company of the state, and that generation company must focus on baseload, and there must be a build programme for power stations,” Mantashe said.