Some municipalities are getting ready to take advantage of what flows from this transformation process and have elected to generate power for their residents, he said.
The government has over the past year put in several additional measures to ease the energy constraints, he said. “We have amended schedule 2 of the Electricity Regulation Act to exempt embedded generation projects up to 100MW from having to apply for a licence. This will allow for more private sector investment in electricity generation without any public funding and will reduce the risk of load-shedding.
Eskom, he said, was one of the most unfortunate entities in that over the past 15 years, it had a new CEO almost every 18 months. “We need to examine precisely what the management is trying to do. Load-shedding is going to be the key challenge that our economy faces.
Dead horse, Loadshedding is here to stay... The sooner we get ANC out of power the better.
What should not be here to stay is ANC...perhaps, the load shedding may follow.
MSM please remind the President of his promises on Eskom the next you can corner him. To corner him is the only way you can ask questions.
Why don’t you stop using the taxpayer to fund you selling our power to our neighbours as a profit,invest in your own economy we have put up with your mess far too long..
If I was him I would tell MP’s I am looking for a solution to take Eskom out of this mess and stabilize the grid . I am sorry to say that was a stupid statement to put people in a state of depression what type of a leader is he .
… after he was tasked with getting rid of load shedding years ago …!
Doos.
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