PETER ATTARD MONTALTO: Time for a rethink as energy plans are going nowhere

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There's no innovative or decisive policymaking, while serious procurement and market failures persist

Sitting in a Pretoria cafe, the lights went out and it was pitch black. But my policymaker coffee date and I just kept talking like nothing had happened.

The dangerous thing about load-shedding is that it has become entirely normal. Sure, the economy loses about R1bn a day during stage 4 load-shedding but that is far lower than estimates done in 2007 or 2019 — as the economy has adapted and the unpredictability of Eskom’s ancient fleet has become predictable...

Source: News Formal (newsformal.com)

 

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