Eskom needs R1.2 trillion to shift to renewables by 2030 — And will need private investors

[Dan C]

That place really is the pits isnt it.

Yes indeed. I miss the hi-jacking in Joburg when I still lived there.

 

[wingnut771]

But the other SOE's are already milking the private sector.

When I say private sector I'm talking about you and me, not this guy:

 

[Agent_Smith]

Pfft, if the ANC just don't loot for two months, they'll have plenty...

 

[Dan C]

I did the maths, did you?
Going to take more than 20 times that.

30 x 20000000 x 356 x 7.5 = ?

 

[wingnut771]

Where does the 30 come into it?

The middleman.

 

[Dan C]

Where does the 30 come into it?

oops, made a slight mistake. But R1 was conservative, I pay at least R10 a day more now than a month ago.

 

[wingnut771]

So you'll need to pay over R20 more a day now and on top of that, it still doesn't solve the real issue of managing projects to the tune of 400 million a day for 365 days a year... Or of you just work weekdays and not public hols.... Nearly 600 million a day for 7.5 years...

My point is Eskom cannot maintain what they have... Now we're asking them to manage 600 million ZAR a day for nearly 2000 days without losing any. Yeah right lol.

I can just imagine what Eskom's catering bill will be then.

 

[porchrat]

Take R1 for say 20million people per day over 7.5 years and do the math. Easily get to 1.2 Trillion

You'd need to at least triple all those numbers. Eskom needs like another 4 brooms.

 

[TEXTILE GUY]

millions, billions, trillions, quadrillions...

 

[mypetcow]

Who’s going to start the GoFundMe?

 

[RVQ]

The sooner Transmission and Distribution are separated from Generation the better...

 

[dualmeister]

 

[Shadowchaser1]

These guys should've been comedians. You need to be really stupid to invest in this scheme.

 

[grok]

They going to need double that, one trillion for Eskom and another one for Eskom 2.0..