ANC won’t privatise Eskom

Hemi300c

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I don't think anyone would buy it anyway because you've fked it up.
 

Mortymoose

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No need to but it, but they should allow competition to enter the market!
 

deweyzeph

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Of course they won't privatise it, cos then all the fatcat ANC cadre piggies won't have their trough to feed from.
 

marine1

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Privatising it would probably increase our costs 500%.

Do you really think so? If it was run properly and the execs stopped taking all their bonuses and they stopped wasting millions on breakfasts and parties, perhaps things would be ok? Oh and perhaps stop selling power to other countries at a loss?
 

Petec

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“Electricity remains a public good and therefore, if you totally privatise it, it will have problems,” Mantashe told reporters at the African National Congress's headquarters at Luthuli House, in Johannesburg.

And it's all peachy now?
 

SilverCode

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Do you really think so? If it was run properly and the execs stopped taking all their bonuses and they stopped wasting millions on breakfasts and parties, perhaps things would be ok? Oh and perhaps stop selling power to other countries at a loss?
It would be a private company operating as a monopoly. There is no way that can ever end well for consumers. What they should do is keep Eskom nationalized, but open up the market to additional private suppliers. Not sure how it would actually work though in terms of how they put their power into the grid, and how individuals would select their preferred supplier.
 

MagicDude4Eva

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There are plenty of international examples that privatisation improved the supply.

In Europe many small companies nite provide solutions to feed power back into the grid. This good as far as installing photovoltaic panels on your roof which gives you tax deductions for the initial capital outlay as well as revenue if your consumption is less than what you produce.

This obviously implies that our country needs to be progressive and forward thinking. I don't see the ANC understanding any of that.
 

marine1

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It would be a private company operating as a monopoly. There is no way that can ever end well for consumers. What they should do is keep Eskom nationalized, but open up the market to additional private suppliers. Not sure how it would actually work though in terms of how they put their power into the grid, and how individuals would select their preferred supplier.

Good point. We really just need competition
 

Marcan

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I mentioned it already many times : Eskom should be split up in about 3 or 4 quite equal power producing units and a company that runs the grid, and then be fully privatised. Competition should be healthy, and supply ample. Prices will most likely not really come down.
That seems how it works in so many European countries where energy companies provide piped natural gas and electricity.

NERSA should have increased powers and be truly independent, and be a vigilant watchdog for competition and environmental issues. We surely cannot have private companies be even more careless with safety and health risks and pollution. All coal powered should have at least have FGD, flue gas desulphurisation and possibly also particulate filters. It will make them also more expensive and will favour renewables. And nuclear.
 
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