Stage 7 load-shedding warning

  • Thread starter Thread starter Daily Investor
  • Start date Start date
Got to love how these doomsayers arise. He is here to compete with the existing prophets.
 
Stage 7 load-shedding warning

Peter Attard Montalto, head of capital markets research at Intellidex, said South Africans should brace themselves for consistent stage 7 load-shedding from July.

Bit of an odd prediction to make because even though demand will be higher, Koeberg Unit 1 is scheduled to be back, as are all the three Kusile units currently offline, which will be about 3000MW. Of course, other stuff will breakdown etc., but there is alot of capacity that *should* come back on a more permanent basis than currently is the case now. I guess my main point is that more capacity *should* be more baseload capacity than is currently the case.
 
There should be a hat that these guys can munch on if they are found to be wrong with their doomsday predictions
 
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