South Africa needs $8 billion of gas power, or face a decade of power cuts - Finnish power plant maker

[Jan]

South Africa must install R137 billion of gas power or face another ten years of power cuts

Wartsila Oyj, a Finnish company that makes power plants, expects South Africa to face electricity outages for at least another decade unless it installs as much as $8 billion worth of gas-fired generation capacity.

The outages stem from state power utility Eskom Holdings SOC Ltd.’s failure to adequately invest in new capacity and the maintenance of 14 operating coal-fired power plants.

 

[dualmeister]

They won't maintain these either.

 

[The_Right_Honourable_Brit]

Is there a bit of a conflict of interest here?

But I do agree overall.

 

[ShaunSA]

Ten years? That's under-estimating it by a lot... of decades

 

[Neptuner]

I say keep on load-shedding and revive the PBMR project. Fvck EU they going to put us through an endless cycle of debt, they need us more than we need them. If only the ANC had an iota of intelligence…

 

[HumanShield]

They needed a market for the gas they were going to extract out of the field off the cost of Mossel Bay i think. Now they have the market for it.

 

[R13...]

Where is that gas going to come from? Russia?

 

[Gazg]

Well........I guess we are in for 10+ loadshedding.

 

[Sarg3_ZN]

Face a decade power cuts!?!

 

[Grubscrew]

Do we still have gas reserves?

 

[r00igev@@r]

There is enough farts in Volvo's to provide gas power.

 

[Harmonic]

South Africa needs $8 billion of gas power, or face a decade of power cuts - Finnish power plant maker

Thanks captain obvious

 

[McGuywer]

Thats fine. Doesnt matter what is used/what combination/how long it takes. The thing here is to have a plan. Something neither Eskom or the ANC has.

 

[Temujin]

government intends issui...

 

[system32]

Why imported gas where we have local "clean" coal?

 

[Calkem]

Alright we hear you..... NEXT!!!!!!

North Korea give us your ultimatum

 

[Neptuner]

Thats fine. Doesnt matter what is used/what combination/how long it takes. The thing here is to have a plan. Something neither Eskom or the ANC has.

The Eskom management of 1998 had the foresight to see 25years ahead and predicted what we experiencing now.

 

[neoprema]

Ten years? That's under-estimating it by a lot... of decades

No it probably is right, the Finnish calculation is made on paying to deliver a service to the people. They just haven't taken into account theft, cadres and government...

 

[LCBXX]

Do we still have gas reserves?

If fracking can be given the go-ahead, we could tap into abundant reserves under the Karoo.

Pity that the green-woke would rather see the Karoo paved with solar panels before they concede for a single fracking hole to be drilled.

 

[LCBXX]

This proposal got me: