{"id":4988,"date":"2008-08-26T14:05:00","date_gmt":"2008-08-26T12:05:00","guid":{"rendered":""},"modified":"2008-08-26T14:05:00","modified_gmt":"2008-08-26T12:05:00","slug":"power-problems-cost-sa-r-50bn","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/4988-power-problems-cost-sa-r-50bn.html","title":{"rendered":"Power problems cost SA R 50bn"},"content":{"rendered":"<p>Speaking at a conference on the mining and metallurgical industry&#8217;s response to the power crisis, Nersa CEO Smunda Mokoena said the economic impact of load shedding had been costed at R75 rand per kWh. <\/p>\n<p>&quot;The supply shortage caught South Africa by surprise,&quot; said Mokoena. <\/p>\n<p>A Nersa inquiry found that Eskom had responded appropriately and speedily to the power supply shortage towards the end of 2007 and going into 2008. <\/p>\n<p>But while Nersa was aware of low reserve margins, that the mothballed plant and low lead time open-cycle gas turbines were being commissioned, and that the low demand mid-summer period would be used for maintenance, the regulator was unaware of the increased unplanned outages and dwindling coal stocks leading up to the virtual blackout in January. <\/p>\n<p>What Nersa has identified is a potential conflict of interest between the generator of electricity and the system operator, which is effectively responsible for ensuring system security. <\/p>\n<p>&quot;We are very sceptical that current procurement is being done by Eskom, not by government,&quot; said Mokoena. <\/p>\n<p>Procurement of generation capacity, including that from independent power producers and co-generation, should be managed and coordinated by a professional agent independent of Eskom, he said. <\/p>\n<p>&quot;The sooner we establish an independent power procurer the better,&quot; Mokoena added.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Energy Regulator of South Africa (Nersa) on Tuesday estimated the cost of the energy shortage to be about R50bn.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-4988","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/4988"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=4988"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/4988\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=4988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=4988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=4988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}