President Cyril Ramaphosa says resolving the current energy challenges is fundamental to South Africa\u2019s economic recovery.<\/p>\n
\u201cThat is why we are making every effort to bring new power generation capacity online in the shortest possible time,\u201d President Ramaphosa said.<\/p>\n
In his weekly newsletter, President Ramaphosa said the country\u2019s electricity shortages have been a problem for more than a decade. He said economic activity has been severely interrupted with power cuts affecting smaller businesses and large industries alike.<\/p>\n
\u201cOver the years, it has contributed to slow economic growth and weak investor confidence,\u201d President Ramaphosa said on Monday.<\/p>\n
A step forward in addressing electricity shortages, was the announcement last week by Mineral Resources and Energy Minister Gwede Mantashe of companies that had successfully bid to supply 2 000 megawatts of emergency power to address the gap in capacity.<\/p>\n
\u201cOver the course of next year, government plans to release four more requests for proposals for new power generation projects, in renewable energy, gas, coal and battery storage respectively. These projects would be expected to provide over 7 000 megawatts of electricity.<\/p>\n
\u201cThese projects will involve an investment of around R45 billion by the private sector. Around half of all the materials used in the construction will be locally sourced,\u201d said the President.<\/p>\n
Power will be produced from a range of sources including solar, wind, liquefied natural gas and battery storage.<\/p>\n
In addition, government has released a request for proposals for the procurement of a further 2 600 megawatts of renewable energy.<\/p>\n
\u201cAnother part of the effort to fill the electricity supply gap is to make it easier for industry to generate electricity for its own use.This \u2018embedded generation\u2019 will reduce the demand on Eskom\u2019s power stations and will increase the country\u2019s overall generation capacity through private investment.\u201d<\/p>\n
The President described these new sources of electricity as vital to ensure a reliable supply of energy into the future.<\/p>\n
\u201cMost of the coal power stations are more than 40 years old and are prone to breakdowns. In addition, much of the necessary maintenance on these plants was neglected for many years. Eskom estimates that breakdowns consume as much as a fifth of our electricity capacity,\u201d President Ramaphosa said.<\/p>\n
President Ramaphosa spoke out against illegal connections, meter tampering and the illegal sale of prepaid electricity vouchers saying this makes it much harder for Eskom and municipal power utilities to improve their infrastructure and even to continue to provide electricity.<\/p>\n
\u201cThe actions we are taking to restructure and to strengthen our electricity system will fundamentally change the country\u2019s energy future. We are making progress. Our efforts are gathering momentum.<\/p>\n
\u201cWe are steadily restoring Eskom to technical, operational and financial viability. We are making our electricity system more efficient and competitive. And we are making great strides in bringing new generating capacity online as quickly as possible,\u201d the President said. \u2013 SAnews.gov.za<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" President Cyril Ramaphosa says resolving the current energy challenges is fundamental to South Africa\u2019s economic recovery. \u201cThat is why we are making every effort to bring new power generation capacity online in the shortest possible time,\u201d President Ramaphosa said. In his weekly newsletter, President Ramaphosa said the country\u2019s electricity shortages have been a problem for […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[38678],"class_list":{"0":"post-184137","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-sanews","8":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/184137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=184137"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/184137\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=184137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=184137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=184137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}