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Johnatan56
Honorary Master
- Joined
- Aug 23, 2013
- Messages
- 30,955
It's going to be way more than 2 years as long as Mantashe has a say in it.
If they allowed IPP -> solar, wind to add to the grid, load shedding can probably be solved in under 2 years. Instead you have the attempts at kar powerships to destroy the environment (they never got approval) and hike up the electricity price another few hundred percent (contracts are not fixed cost, open in regards to oil price).
But the Nersa piece is more important from that:
And those contracts are 20 years.That tariff is R4.80 per kWh, claims Nersa. It then asserts that this is between 69% and 73% more than the Karpowership projects’ “effective” tariffs – at least the one Karpowership itself claims is realistic.
To recap, that suggests “effective” tariffs of R2.77 per kWh at Karpowership’s Coega and Richards Bay projects compared to the “evaluation tariffs” of R1.47 and R1.50. At Saldanha the effective tariff can be inferred to be R2.84 compared to the announced R1.69 per kWh.
However, because the quantification of the gas price in the overall tariff is unknown, we could not extrapolate the overall impact on the estimated annual cost to Eskom or on the level of Eskom’s predicted take-up, versus the contracted 72,72% minimum – as we had attempted to do.
AMABHUNGANE: Clumsy Nersa redaction reveals ‘higher’ cost of emergency power
A small slip-up in the extensive redaction of documentation around potential 20-year contracts with the controversial Turkish Karpowership group has seemingly revealed that South Africa will pay far more than advertised.www.dailymaverick.co.za
