In recent months all the Resource Companies have been tanking on the JSE due to much poorer international commodity prices which stems no doubt from a lower demand for those resources.
I think the big Resource Companies like BHP Billiton and the like are using less power at their smelters as a result.
This coupled with consumers cutting back on their consumption to save on the hefty electricity bills has probably added to the drop in demand too. However the residential consumers are probably just a small fraction of the overall demand for power from the grid, meaning a big drop in residential use may only equate to the difference between Stage 1 load shedding and no load shedding.
I think if one or two smelters are switched off by a Resource Company would equate to a large drop in the total demand off the grid.
I assume Koeberg Unit 2 is back up after 3 months of compulsory maintenance, that would most certainly stabilise the grid too.
So who knows. What can be said is we have to question everything Eskom tells us and I am glad people like Yelland are around to point out the obvious.
This drop in demand, is this a trend, if so why are we building more Power Stations. Might be a silly thing to say now after our recent history but still a valid point. Once the two big Coal Power Stations are built and connected to the grid, it may well be that we have an oversupply of electricity and set out the need for Nuclear Power Stations.
Maybe one more base load Nuclear Power Station on the coast is needed to stabilise the grid, Koeberg will not last forever. It does make sense to have Nuclear on the coast due to the fact all the coal is up in the North.
Please let this not end up being about whether Nuclear is good or not, my point is that the grid needs base load power stations at the extremities of Eskom's reach, the reach being the distance away from all the base load Coal Power Stations.
Could Eskom not build another Nuclear Power Station at Koeberg, keeping all the fish in one basket type of thing?