Eskom...A good read11 Nov 2012 11:39
A very good read that explains a lot......:-)
Eskom in power at all costs
09 Nov 2012 00:00 - Lynley Donnelly
Independent power producers could provide more than 60000MW of conventionally produced electricity, according to the department of energy.
" It said Minister of Energy Dipuo Peters had also determined that additional electricity had to be procured from independent producers and this would be gazetted by the end of the year. It included additional renewable power and power from more conventional sources, including 2652MW from gas, 2609MW from hydro and 2500MW from coal."
"The department said Eskom had been asked to model the building of 100% of the integrated resource plan because it was the only entity that could collect money either for its own build or for an independent power producer given the monopolistic nature of the electricity business in South Africa. "Eskom, as the buyer of power from independent power producers, must have sufficient revenue to pay them, hence modelling the whole integrated resource plan by Eskom is critical," it said. All power from the new determinations made by the minister would be bought by Eskom.
The department said that once the Independent System and Market Operator Bill became law, the new entity would be responsible for reviewing the integrated resource plan and modelling tariff applications, at least for the wholesale tariff.
The plan did not need to be reviewed because the assumptions in it were unchanged, it said. In addition, it was a policy document used by investors. "Changing the plan every two years, even if there is no need, may create uncertainties to the market which may not be good for the country," it said."
http://mg.co.za/article/2012-11-09-00-eskom-in-power-at-all-costs
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