User:Mdszamrej/Eskom
Load-shedding
[edit]November 2019,
Due to recent problems with failing power plants, a shortage of coal, and broken conveyor belts load shedding has been hitting all parts of South Africa at once.
Load schedules have been created online or through bulletins, that shows times and regions of sectors in which people are cut off from power.[1]
Eskom has implemented "Stage 2" load-shedding, which means they are cutting large districts of the region without power. This is due to technical failures, as well as
three additional power units have lost power, and resorting to use their additional reserves.[2]
Restructuring Efforts:
Transmission:
The transmission entity would be given its own board, by March 31, 2020 in which the transmission legal entity would be responsible for hearing legislative amendments in accordance to government law. This new transmission entity would involve up to 6,000 people that are responsible of setting up thousands of miles of "wires" and transmission lines that would ensure electricity from the power stations to where power is needed.[3]
As part of the Transmission Development Plan (TDP) for 2020-2029 Eskom has plans to increase its transmission infrastructure by approximately 4,800 km of extra high voltage transmission lines, and over 35,000 MVA of transformer capacity over the next 10 years.[4] This new outline of reconstructing Eskom comes from new regulatory guidelines from the National Energy Regulator of South Africa (NERSA) to publish an annual TDP report. The Transmission Forum is important to generating capital investments to build a better infrastructure in accordance to South African Grid Code.
History:
[edit]Andre De Ruyter has been appointed Eskom Group Chief Executive. De Ruyter appointment of Group Chief Executive is previously worked as the Chief Executive of Nampak, Africa's largest packaging company.[5] Some of the major priorities with De Ruyter will be responsible for implementing systems of checks that will minimize corruption of the parastadel of the previous financial year of a net loss of R20bn. Many are praising De Ruyter for accepting this position, as its in the middle of a financial crisis and is one of the most challenging and important jobs to South Africa's energy crisis.
Investment In Renewables
[edit]October 28th, 2019
Eskom Holdings SOC Ltd has issued a tender to introduce 20 three-phase KW inverters and mountains structures.[6]
These structures are planning to distribute power to four power plants, and would introduce Eskom into the solar energy market.
The African Investment Forum has announced that it has raised over $40.1 billion dollars in investment into developing new infrastructure, related to renewable energies.[7]
This is aimed to help distance itself from Eskom coal power plants, and to focus more on wind and solar developments. The African investment forum is backed up by corporate organizations and lenders, private donors, and the African Development Bank.[8]
These new inverters would be align with South Africa's Integrated Resource Plan (IRP)
South Africa's Integrated Resource Plan (IRP)
[edit]The IRP supports a diverse energy mix with policy aimed to help aim to meet the need of South Africa's energy goals. The Integrated Resource Plan supports electrical infrastructure developments with an aim focused on renewable energies.[9] These new investments are directed towards more high efficiency, low emission standards with an emphasis on solar technologies in which 6,000 MW of new Solar PV capabilities and 14,400 MW of new wind power technologies. With renewable energies, the IRP plans to increase its investment in hydro-electric power.
Debt:
Eskom Holdings SOC LTD is the governmental agency responsibe for their failing power plants, people being without power, and massive debt. Eskom utility which generates about 95% of the nation’s electricity, had amassed a net debt of $30 billion dollars at the end of the financial year. This has caused parliament to give them a $5 billion dollar bailout, as well as receiving billions in aid from state-owned China development bank.[10]
Investment In Renewables, Hydro, Wind, Solar
With failing powerplants and coal not working as a viable solution, progress towards a greener future is in sight for South Africa. In agreement to the Paris Agreement, South Africa needs to reduce its carbon emission and cut-back from being dependent on Coal. There is new $11 Billion Green-Energy Initiative aimed at the development of solar and wind. This new initative would allow loans to Eskom and below commericial rates on conditions that it would accelerate its closure of power plants and to start building renewable energy structures.[11] This plan takes the right steps in moving away from coal, and investing in alternative methods that better suite their needs for the future.
- ^ "Eskom: No load shedding expected but the 'probability remains'". The South African. 2019-11-16. Retrieved 2019-11-19.
- ^ Theletsane, Winnie. "Here we go again: Eskom to implement stage 2 load shedding". ewn.co.za. Retrieved 2019-11-19.
- ^ Merten, Marianne. "ANALYSIS: Eskom Roadmap: Floated ideas with flexible milestones, for an uncertain future". Daily Maverick. Retrieved 2019-11-19.
- ^ Bungane, Babalwa (2019-11-01). "Eskom shares its updated Transmission Development Plan through 2029". ESI-Africa.com. Retrieved 2019-11-19.
- ^ "New Eskom group chief executive unveiled". SowetanLIVE. Retrieved 2019-11-19.
- ^ https://www.cnbc.com/2019/10/29/reuters-america-factbox-s-africas-power-crisis-overhauling-state-utility-eskom.html.
{{cite web}}: Missing or empty|title=(help) - ^ Bishop, Chris (2019-11-13). "This is how much was raised at the Africa Investment Forum". CNBC Africa. Retrieved 2019-11-20.
- ^ "2019 Africa Investment Forum: African Development Bank, EU Reaffirm Partnership, Ambition to De-risk Business Environment, Create Jobs in Africa". allAfrica.com. 2019-11-16. Retrieved 2019-11-20.
- ^ Contributor, Guest (2019-10-21). "What you need to know: South Africa's Integrated Resource Plan 2019". Miningreview.com. Retrieved 2019-11-20.
{{cite web}}:|last=has generic name (help) - ^ "Subscribe to read | Financial Times". www.ft.com. Retrieved 2019-12-15.
{{cite web}}: Cite uses generic title (help) - ^ "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved 2019-12-15.
{{cite web}}: Cite uses generic title (help)