What to expect from the powerships coming to South Africa

Hanno Labuschagne

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What to expect from the powerships coming to South Africa

The Department of Mineral Resources and Energy (DMRE) has appointed Karpowership SA as a preferred bidder for power projects in the ports of Coega, Saldanha, and Richards Bay.

Karpowership SA is a subsidiary of Karadeniz Holding, a Turkish energy company which owns and operates power plants and powerships.

Karpowership SA will provide power to the national electricity grid under the Risk Mitigation Independent Power Producers Procurement Programme (RMIPPPP).
 
Service provider comes to fill the void, South African, hey, Hey, so what do I get?

Questions should all have been addressed to where our built capacity has gone and why the new capacity is Still not built.
 
Seeing as its impossible to Build anything on time and within budget in SA these days because of the corruption and stealing by those affiliated to the ANC....Renting at a huge expense seems the only solution.

Sad times for SA.
 
Seeing as its impossible to Build anything on time and within budget in SA these days because of the corruption and stealing by those affiliated to the ANC....Renting at a huge expense seems the only solution.

Sad times for SA.

The company provides a brilliant service, it will cost us an arm and a leg yes, but add another leg and some of the remaining arm to pay for everyone's piece of the pie they now want, even without contributing anything.

I wonder which company will be in charge of guarding the transmission sets and lines, those are going to be shining targets.
 
The company provides a brilliant service, it will cost us an arm and a leg yes, but add another leg and some of the remaining arm to pay for everyone's piece of the pie they now want, even without contributing anything.

I wonder which company will be in charge of guarding the transmission sets and lines, those are going to be shining targets.
I don't know. That's why I sometimes don't even want to see or hear the latest news anymore. That's why I escape to places here in SA with zero internet and chill.

Far away from ****ing politics and the ANC. And the SABC.
 
I wonder which company will be in charge of guarding the transmission sets and lines, those are going to be shining targets.
Why would the transmission lines going to a power ship be any different from the rest of Eskom’s infrastructure?
 
Why would the transmission lines going to a power ship be any different from the rest of Eskom’s infrastructure?
It'll be the same, with substations and secondary transmission on land, full of copper, steel and an opportunity to set something on fire.
 
Why is Chris being so aggressive about asking whether this is made in SA and local :laugh: Interesting how now they brought in the powerships but now have to dodge/excuse away the fact that its nothing more than a leased Turkish ship. Even the ones making the rules struggle to deal with beauracracy of local content requirements :ROFL:
 
What i expect to happen is lots of corruption. A few new mercs, lambos and ferraris will be bought, a few mansions...etc.

I also expect the price of electricity to skyrocket to pay the above and the actual powerships
 
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Q. Powerships for South Africa – what to expect?
A. Extra high electricity tariffs.

Risk Rich Mitigation Independent Power Producers Procurement Programme (RMIPPPP).
FTFY

1200MW PowerShips
at ~R1800/MWh
for 16.5h per day (peak)
for 365 days
----------------
~R13 billion per year sent to Turkey

What can we do to stop this cash outflow?
 
I bet you, it is not going to be sunshine and roses as you think. If they do go ahead with this, bookmark this comment, You are in for a "suprise".


I am more than willing to accept I was wrong. But as far as governments track record is going working with our money, they going to mess this up, and they WILL find a way to enrich themselves instead in the process and corruption will shine bright like a candle.

Of course in theory it is supposed to all go perfectly to plan.... I mean, what possibly can go wrong..... Haha

I have zero reason to think anything they touch or plan will have a long term positive effect.

History has proven that.

I know I am pessimistic. I have zero reason not to be.
 
Q. Powerships for South Africa – what to expect?
A. Extra high electricity tariffs.


FTFY

1200MW PowerShips
at ~R1800/MWh
for 16.5h per day (peak)
for 365 days
----------------
~R13 billion per year sent to Turkey

What can we do to stop this cash outflow?
What does Eskom spend on diesel for the ocgts?
Over the period 2009 to 2019 it was over 47 billion if I remember right. And I'm sure it's much more now with increased usage and increased prices.
That also leaves the country.
 
In 20 years time Kusile will probably be 60% operational :thumbsup:
The second unit was brought online last year October, 5 months later we have the third unit fully operational, the rate of the fixes inspires more optimism than that.
 
The second unit was brought online last year October, 5 months later we have the third unit fully operational, the rate of the fixes inspires more optimism than that.
Mm. How's medupi doing?
 
Mm. How's medupi doing?
No Idea, but if they have done this progress at Kusile it at least means they have people who know what they are doing, of course one cannot know with confidence until we get a sense of how reliable their fixes are.
 
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