Changes to South Africa's electricity regulation act have been published for comment

[mylesillidge]

New laws to add private power to South Africa's grid

South Africa published proposed changes to the electricity regulation act that will facilitate the opening of the national power grid to private generators.

State-owned Eskom Holdings SOC Ltd. has been the dominant supplier of power to Africa's most industrialized economy for nearly a century, but its inability to meet demand from its poorly maintained coal-fired plants has resulted in rolling blackouts.

 

[Petec]

Any private sector peeps wanting to get in on this had better have boatloads of gravy.

 

[KikzAzz]

Good idea, but actually implementing the legislation will take another 5 years!

 

[RedViking]

Racial restrictions?

 

[ToxicBunny]

Good idea, but actually implementing the legislation will take another 5 years!

I reckon 5 years for it to get through all the parliamentary processes, and then another 10 whilst people fsck around with the implementation.

 

[am-user]

Mantashe will ensure the appointment of coal powered private electricity generators (Eskom selling off old power stations to cronies?)

 

[Benedict A55h0le]

I reckon 5 years for it to get through all the parliamentary processes, and then another 10 whilst people fsck around with the implementation.

I reckon never. I think this is just hot air. ANC will rig it so that no legitimate private entity would touch it. The ANC will created the "private" entities. People will get rich, but no electricity will be generated.

 

[rh1]

Racial restrictions?

The ANC only see colour when it does not directly benefit them, if you willing to roll in the sty with them and feed the greedy pigs as much as they can stuff in them, you will be well looked after provide you back the correct pig.

 

[Blackhand]

14 years of blackouts and they are only starting to propose some legislation to solve the problem. Absolutely shameful. If they actually cared at all, they would have said back in 2008 that Eskom has completely failed in its mandate, this is the end of the monopoly.

Now, under immense pressure, they put forward this token legislation that will likely get stuck in limbo for years.

No doubt in 20 years when blackouts are a thing of the past, the ANC will praise themselves as the savior.

 

[Howdy]

Racial restrictions?

I'd be shocked.

 

[Enzo Matrix]

14 years of blackouts and they are only starting to propose some legislation to solve the problem. Absolutely shameful. If they actually cared at all, they would have said back in 2008 that Eskom has completely failed in its mandate, this is the end of the monopoly.

Now, under immense pressure, they put forward this token legislation that will likely get stuck in limbo for years.

No doubt in 20 years when blackouts are a thing of the past, the ANC will praise themselves as the savior.

Its cute that you think electricity problems will ever be solved with these clowns in charge

 

[TEXTILE GUY]

Good idea, but actually implementing the legislation will take another 5 years!

I agree.

I have no doubt that the implementation will enrich some cadre or another.

 

[TEXTILE GUY]

14 years of blackouts and they are only starting to propose some legislation to solve the problem. Absolutely shameful. If they actually cared at all, they would have said back in 2008 that Eskom has completely failed in its mandate, this is the end of the monopoly.

Now, under immense pressure, they put forward this token legislation that will likely get stuck in limbo for years.

No doubt in 20 years when blackouts are a thing of the past, the ANC will praise themselves as the savior.

Unfortunately - the damage is done, the Guptas have gone and pockets are lined.

 

[Sapphiron]

The solution is not more laws, it's scrapping the current ones and deregulating the industry. We need less government, not more.

Power generators are probably sufficiently covered by environmental impact regulations that all larger developments need to go though.