Eskom ... is there ANY chance? In CPT there is

[Robert]

Here's the data showing how Eskom is able to keep South Africa's lights on

[plonkster]

@TheTerribleTriplet

will gas go up

Energy sources tend to track each other, because of dual-consumers who switch back and forth to the cheaper source, causing demand to pull up the cheaper one. So yes, if energy gets more expensive, gas will follow. The reverse is also true then: If gas is slightly cheaper (as it is, for smaller consumers), it should remain slightly cheaper.

@TheTerribleTriplet

will the electricity price at that time, drop like a nut

No. It will probably level off and then follow inflation instead of being one of the main causes of inflation.

[TheTerribleTriplet]

@plonkster

No.

Quick Google on fuel price and inflation, hence me wondering for the future.

Cause and Effect:
In addition to that direct effect on inflation, higher oil prices raise inflation indirectly because crude oil is a key ingredient in petrochemicals used to make plastic.

No use energy costs kills a “emerging” (read after the ANC rule) economy.

[TheTerribleTriplet]

Very interesting …

The private sector is working to deliver about 22GW (22,000MW) of renewable energy in the coming years, which would end the electricity crisis.

SA CEOs target eye-watering economic growth as well as a million jobs by 2030

[TheTerribleTriplet]

Okay …

Powerchina switches on 100 MW solar tower in South Africa

[Bobster]

That’s interesting. It means that IPPs are getting into the game. And there’s no mention of this power being wheeled to some big mine somewhere.

Maybe this is why Eskom is seeking big tariff increases. They have to make the ground fertile for IPPs, But these guys are already up and running and see a way to make a profit.

[TheTerribleTriplet]

@Bobster

Maybe this is why Eskom is seeking big tariff increases. They have to make the ground fertile for IPPs …

Now why did you have to go and think that!

[TheTerribleTriplet]

I’m going positive on this one.

Very interesting and quite encouraging …

https://maroelamedia.co.za/nuus/sa-nuus/ooreenkoms-tussen-emfuleni-eskom-eindelik-bereik/

[TheTerribleTriplet]

This is a feelgood article …

https://dailyinvestor.com/energy/66018/eskom-corruption-crackdown/

Now lets see if, when, they will take on the upper echelon of the corruption empire …

[Swartkat]

Wow! Indeed this makes me feel good yes.

I hope they find and prosecute the crap out of all the remaining offenders, especially as you say - the higher elite up the chain.

[TheTerribleTriplet]

I think, strategical, leave the higher ups alone.

Get enough “lower hanging fruits” behind bars, in court, maybe they get really upset for “taking the falls” and start to “speak up” in due course.

Time will tell although I “feel” that will all happen behind “close doors”, golden handshakes even, removing the top echelon players if the “masses rally up”.

[Robert]

The eternal optimist you are…

[plonkster]

@TheTerribleTriplet

Get enough “lower hanging fruits” behind bars

I tend to agree, not because I think it is fair or just, but just because I know how this goes. The big guy RARELY gets his day in court. He has a thousand fall guys that goes first. But you know what? That is alright. Build a world where nobody wants to be the fall guy, and it is already a lot better.

[TheTerribleTriplet]

Ja nee …
https://dailyinvestor.com/energy/66348/secret-eskom-deals/

Another concern is that most of the profit of these smelters, owned by South32 and Glencore, goes out of South Africa to international shareholders along with the processed products.

…

“You’ll see smelters closing down in South Africa if not all of them. And you will see entire communities going into strife. Even big industrial hubs,” said Werner Duvenhage, MD for Rio Tinto Iron and Titanium (RTIT) Africa Operations

Maybe it is time for new industries, if the smelters cannot get cheap power and have to close, profits going outside of SA?

Think SA, all of us, can put our minds together and come up with a new plan …

[TheTerribleTriplet]

Interesting …

Climate check: Fossil fuels could soon ‘become cheaper and more abundant’

The IEA said the shift will require green alternatives such as EVs to become cheaper too. Photograph: Yui Mok/PA

As the world transitions toward clean energy by the end of the 2020s, the price of fossil fuels may plummet, according to the International Energy Agency. As governments hasten their energy transitions, we will enter an era where countries have surplus oil, gas and coal, the global energy watchdog said, leading household bills to fall – and green alternatives must become cheaper to compete.

[JN.V]

Don’t come here with your western tendancies.

[plonkster]

@TheTerribleTriplet

the price of fossil fuels may plummet

I expect that initially it will. Supply and demand. And then as the supply really drops off, it will skyrocket.

[TheTerribleTriplet]

@plonkster

I don’t think it is over. Eskom’s financial year starts in April. They don’t do much maintenance in the first half of the year. And they came off the successful return of multiple units that were down for maintenance PLUS much reduced demand. I think we will see a return in the summer months, although probably not at the high levels we saw in previous years.

We don’t know … is my “feeling”.
Key 1: “PLUS much reduced demand.” For economy to pick up, it needs power, and I THINK solar is foremost in most businesses minds, to save costs AND mitigate repeat of LS.

Key 2: More and more solar plants coming quietly online, like i.e.
Largest wheeling project in South Africa is officially commissioned.

AND …

Active projects renewable energy in De Aar South Africa

And a few others that I cannot Google fast enough. Google decides what it wants to show me.

[TheTerribleTriplet]

Any one interested in putting in a bid?

City of Cape Town Link

Seems CoCT is still going strong, LS or no LS, the bigger problem needs dealing with.

[TheTerribleTriplet]

I’ll put this here:

Eskom warns of December power cuts over City of Johannesburg’s R4.9bn debt

In a nutshell:

In a joint statement released late on Thursday night, the City of Johannesburg and City Power said Eskom’s threat was “unjust, counterproductive, and potentially harmful to the residents and businesses of Johannesburg”.

“The CoJ has consistently demonstrated its commitment to meeting its financial obligations and has engaged with Eskom to address billing issues. However, Eskom has failed to provide clarity on disputed billing charges, forcing the city to seek legal recourse to protect the rights and interests of its citizens,” the statement read.

“Eskom’s approach of ‘pay now and resolve disputes later’ in its dealings with the City of Johannesburg can no longer go unchallenged,” the joint statement read adding that the City was in consultation with its legal counsel and would explore all available legal avenues to prevent any disruptions to the electricity supply.

Eskom, for its part, said it had reached a point where it could simply no longer afford to accommodate the CoJ without putting further financial strain on and harming its own business.

“The CoJ has breached these obligations by not paying Eskom for the bulk electricity it supplies, making it almost impossible for Eskom to fulfil its mandate,” the parastatal’s statement read.

Methinks, knowing of Jhb’s political woes, change mayors like nappies, that this drama goes much much deeper politically and has nothing to do with Eskom being “unreasonable”.