About 20 large power users from Gqeberha have joined forces with an independent power producer and an electricity trader in an ambitious multi-billion-rand project to protect their operations against load shedding.
They have been exempted from load shedding up to Stage 4, but recently the rolling blackouts have intensified to Stage 6, with Stage 8 looming during the rest of the winter. Read: IPP investment will dry up if Eskom position prevails – Saippa Significant opportunities throughout the energy and electricity sectors of SA “We went to the market last year,” Mertens says, adding that the companies providing the key pieces of the puzzle have been appointed, but will only be named at a later stage.
Source: News Formal (newsformal.com)
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