Excess power allows Eskom to switch off

[WaxLyrical]

Less illegal conditions leeching from the grid?
And solar geysers.

 

[genetic]

The installed capacity has gone from 45075MW in 2016 to 46407MW in 2017. That’s far from a lot.

From their report:

In South Africa, power consumption has declined by 0.5% a year on average since 2006. The decline was highest in large power users, declining by approximately 1.7% a year over the last five to 10 years, due to a wide range of factors, including economic slowdown, commodity market volatility, increasing electricity costs and a lack of security of electricity supply. However, Eskom is now in a position to meet the demands of the country with surplus capacity and take an active role in catalysing industrial growth.

True, but electricity consumption globally is reducing - this is not endemic to Eskom;

Demand in global developed economies has declined by 1.4% a year since 2010. Because of regulatory pressure and investment in efficiency programmes and increase in self-generation, demand for electricity in
the European Union (EU) has declined by 1.5% a year since 2010

 

[BBSA]

Well that literally blows the requirement for nuclear power out the window.

No, the requirement for big kickbacks remain.

 

[upup]

It is now a good time to service the ones that had to run all the time during loadshedding.

 

[Temujin]

The installed capacity has gone from 45075MW in 2016 to 46407MW in 2017. That’s far from a lot.

From their report:

In South Africa, power consumption has declined by 0.5% a year on average since 2006. The decline was highest in large power users, declining by approximately 1.7% a year over the last five to 10 years, due to a wide range of factors, including economic slowdown, commodity market volatility, increasing electricity costs and a lack of security of electricity supply. However, Eskom is now in a position to meet the demands of the country with surplus capacity and take an active role in catalysing industrial growth.

+1 Installed capacity also means jack when 50% is offline due to no maintenance. We had 45k'ish MW installed before '09 and loadshedding kicked in when demand hit 28k'ish due to our installed capacity being run into the ground and not maintained. As a country, we're probably sitting now at sub 25k demand due to business and investment taking a walk

 

[Milano]

Amazing performance. Kudos. Eleventy hundred million bonus for ever board member! And don't forget to raise prices.

 

[airborne]

Does this mean are they going to bring the electricity price down now?

 

[Sneeky]

Does this mean are they going to bring the electricity price down now?

:crylaugh:

 

[reactor_sa]

But we still need nuclear power for a billion Rand or two to keep up with the demand from the growing economy... Just a bit confusing

 

[DeathStrike]

so anyone still think there was a power crisis?

I think it was just excuse to loot the taxpayer. all the money went to Gupta.

 

[Milano]

so anyone still think there was a power crisis?

I think it was just excuse to loot the taxpayer. all the money went to Gupta.

Surprised there can be any serious discussion about Eskom. The utility is rotten to the core and the supposed crisis was basically proven by investigate journalists to be entirely fabricated to steal from ordinary South Africans - which continues unabated.

 

[Swa]

so anyone still think there was a power crisis?

I think it was just excuse to loot the taxpayer. all the money went to Gupta.

Good point. Notice how load shedding kicked in every time there was an increase on the cards. Once approved there was no mention of it till the next increase. I still think it was a sham apart from the 2007 Koeberg incident. Amazing nobody has ever investigated this.

 

[airborne]

So they used the load sheddings as a false flag operation to convince people to pay more for electricity and also push for the building of new power generation and hence fat pay checks for contractors?

 

[Milano]

So they used the load sheddings as a false flag operation to convince people to pay more for electricity and also push for the building of new power generation and hence fat pay checks for contractors?

And as far as I recall Eskom starting using Gupta owned coal at 2x and 3x and 4x more expensive per ton in very illegal deals. The low quality coal provided by the Gupta's caused much of the load shedding. There was absolutely no genuine crisis, or need for the massive electricity price hikes. It was entirely engineered to massively enrich the Gupta's to the detriment of ordinary South Africans.

 

[TysonRoux]

So they used the load sheddings as a false flag operation to convince people to pay more for electricity and also push for the building of new power generation and hence fat pay checks for contractors?

Joe Public didn't need to be "convinced" to pay more, EKSDOM is a SOE monopoly with a phoney regulatory body, so you pay the loaded price or go without.

Its encouraging to see all the Zupta and Gupta corruption being exposed, but depressing knowing that nothing is being done about it.

 

[airborne]

And as far as I recall Eskom starting using Gupta owned coal at 2x and 3x and 4x more expensive per ton in very illegal deals. The low quality coal provided by the Gupta's caused much of the load shedding. There was absolutely no genuine crisis, or need for the massive electricity price hikes. It was entirely engineered to massively enrich the Gupta's to the detriment of ordinary South Africans.

So the real issue was low quality coal stuffing up the sufficient capacity and collusion meaning the issue was never resolved, ie dump the schitty coal contracts. What's the case currently are those gupta coal contracts still in place?

 

[f2wohf]

And as far as I recall Eskom starting using Gupta owned coal at 2x and 3x and 4x more expensive per ton in very illegal deals. The low quality coal provided by the Gupta's caused much of the load shedding. There was absolutely no genuine crisis, or need for the massive electricity price hikes. It was entirely engineered to massively enrich the Gupta's to the detriment of ordinary South Africans.

The low quality coal was from Glencore (who owned Optimum Coal).

Optimum was bought in December 2015 by Tegeta (Gupta), after the load shedding stopped.

So no, the Gupta coal is absolutely not linked to the load shedding since they did not sell coal at the time.

 

[RVQ]

Be it corruption, lack of maintenance, bad planning or useless executive management, Eskom caused the problem it faces. Electricity usage peaked in 2007 and as load shedding hit, businesses and homes worked together to alleviate the problem by drastically cutting usage. Homes and businesses took advantage of advances in technology by replacing appliances and equipment, invested in solar and started using gas, Eskom also ran campaigns to subsidise solar geysers and swap out light bulbs. The result was a more aware consumer that still continues to save electricity in order to save money and be a little more green. Demand in electricity should have came from a thriving economy, sadly the ANC chooses to protect the interests of the Zumas and the Guptas rather than that of South Africa...

There is a projected shortfall in Eskoms budget and the increase is required. Sadly as the economy continues to shrink with businesses continuing to downsize or close and no new investments coming in, the new power plants are going to come online with some heavy debts that need to be paid. Eskom needs to shutdown older stations to cut costs due to unsold electricity, it has nothing to do with preventing future load shedding, they just trying to sound like they doing good while fooling the unions.

Nuclear has taken multiple severe blows this year and is probably no longer a priority. The ANC will need the state coffers to buy quick votes while keeping SOE's from sinking before 2019, considering recent events...

 

[Milano]

The low quality coal was from Glencore (who owned Optimum Coal).

Optimum was bought in December 2015 by Tegeta (Gupta), after the load shedding stopped.

So no, the Gupta coal is absolutely not linked to the load shedding since they did not sell coal at the time.

Be it corruption, lack of maintenance, bad planning or useless executive management, Eskom caused the problem it faces. Electricity usage peaked in 2007 and as load shedding hit, businesses and homes worked together to alleviate the problem by drastically cutting usage. Homes and businesses took advantage of advances in technology by replacing appliances and equipment, invested in solar and started using gas, Eskom also ran campaigns to subsidise solar geysers and swap out light bulbs. The result was a more aware consumer that still continues to save electricity in order to save money and be a little more green. Demand in electricity should have came from a thriving economy, sadly the ANC chooses to protect the interests of the Zumas and the Guptas rather than that of South Africa...

There is a projected shortfall in Eskoms budget and the increase is required. Sadly as the economy continues to shrink with businesses continuing to downsize or close and no new investments coming in, the new power plants are going to come online with some heavy debts that need to be paid. Eskom needs to shutdown older stations to cut costs due to unsold electricity, it has nothing to do with preventing future load shedding, they just trying to sound like they doing good while fooling the unions.

Nuclear has taken multiple severe blows this year and is probably no longer a priority. The ANC will need the state coffers to buy quick votes while keeping SOE's from sinking before 2019, considering recent events...

Oh yeah that's right that the Gupta's provided high cost, poor quality coal later. Fully agree that Eskom facilitated the "crises" and high costs both before and after load shedding.

 

[Azg]

Does Zimbobwe actually pay for the power?

It pays - in arrears.