{"id":5359,"date":"2024-04-14T10:01:58","date_gmt":"2024-04-14T10:01:58","guid":{"rendered":"https:\/\/demo.awaikenthemes.com\/solor\/?p=5359"},"modified":"2024-04-29T13:20:37","modified_gmt":"2024-04-29T13:20:37","slug":"eskom-is-being-replaced-and-thats-good-for-everyone","status":"publish","type":"post","link":"https:\/\/explorelogicsit.net\/kwenergy\/eskom-is-being-replaced-and-thats-good-for-everyone\/","title":{"rendered":"Eskom is being replaced \u2014 and that\u2019s good for everyone"},"content":{"rendered":"\r\n

Source: MyBroadband<\/em><\/span><\/h4>\r\n

Eskom is being replaced \u2014\u00a0and that\u2019s good for everyone<\/h1>\r\n

South Africa can end load-shedding if it does the right things for a long time. This includes households and businesses reducing their reliance on Eskom\u2019s electricity supply.<\/span><\/p>\r\n

This is feedback from energy analyst Chris Yelland, who told\u00a0Classic Business<\/a><\/strong>\u00a0that, in the long term, if the country continues to reform the electricity industry, load-shedding will become a thing of the past.<\/span><\/p>\r\n

While unplanned breakdowns \u2014 unplanned capacity loss factor (UCLF) \u2014 are down this year compared to the same period last year, this is offset by increased planned maintenance outages \u2014 planned capacity loss factor (PCLF).<\/span><\/p>\r\n

Yelland explained that this means that the availability of the Eskom fleet \u2014 its energy availability factor (EAF) \u2014 this year is similar to that of the same period last year.<\/span><\/p>\r\n

Despite the similar EAF, South Africa is experiencing less load-shedding this year than last year.<\/span><\/p>\r\n

Lower demand is the reason for the reduced load-shedding. Simply put, businesses and households use less Eskom power.<\/span><\/p>\r\n

\u201cIt is quite clear that demand for Eskom\u2019s electricity is declining and has been for several years. This does not mean the country is using less electricity. It just means it is not coming from Eskom,\u201d Yelland said.<\/span><\/p>\r\n

This means that alternative sources of electricity, such as rooftop solar and commercial installations, supplement Eskom\u2019s electricity generation.<\/span><\/p>\r\n

This reduces the need for electricity generated by Eskom and reduces its burden, enabling it to conduct more maintenance.<\/span><\/p>\r\n

Simply put, households and businesses are replacing electricity generated by Eskom with power from their own alternative sources or private providers.<\/span><\/p>\r\n

This trend is only set to accelerate as the cost of electricity from Eskom keeps rising, strengthening the business case for alternative sources of energy.<\/span><\/p>\r\n

As a result, the utility finds itself in a debt spiral where it has to reinvent itself to compete with private players and relook at its business model.<\/span><\/p>\r\n

Ongoing reforms to the country\u2019s transmission grid will aid the private sector\u2019s efforts and open the grid to competition on a level playing field.<\/span><\/p>\r\n

Apart from opening the transmission grid, the Electricity Regulation Amendment (ERA) Bill currently in Parliament will enable the private sector to play a significantly greater role in electricity generation in South Africa.<\/span><\/p>\r\n

Yelland noted that this does not mean Eskom is being privatised. It just means private participation is set to grow to an appropriate level.<\/span><\/p>\r\n

As a result, Eskom\u2019s assets will ultimately be owned by the state but financed, operated, and maintained by private companies.<\/span><\/p>\r\n

\u201cThis is a welcome step forward because things cannot continue the way they have been,\u201d Yelland said.<\/span><\/p>\r\n

\u201cI think the momentum growing on the restructuring and reform of Eskom is very important. The opening up of this industry for the private sector to play its rightful role is vital.\u201d<\/span><\/p>\r\n

Yelland said that this process, if seen through to the end, will make load-shedding a thing of the past in South Africa.<\/span><\/p>\r\n

\u201cThe problem of load-shedding can be resolved. We just have to do the right things for a long time and put this industry in the right place. It looks to me like it is heading that way.\u201d<\/span><\/p>\r\n

\u201cLonger-term, I believe that if we do the right thing, as we are at the moment and not be distracted, we can solve this problem and create a country where electricity is not a stumbling block to investment.\u201d<\/span><\/p>\r\n","protected":false},"excerpt":{"rendered":"

Source: MyBroadband Eskom is being replaced \u2014\u00a0and that\u2019s good for everyone South Africa can end load-shedding if it does the right things for a long time. This includes households and businesses reducing their reliance on Eskom\u2019s electricity supply. This is feedback from energy analyst Chris Yelland, who told\u00a0Classic Business\u00a0that, in the long term, if the […]<\/p>\n","protected":false},"author":1,"featured_media":11525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-5359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/posts\/5359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/comments?post=5359"}],"version-history":[{"count":6,"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/posts\/5359\/revisions"}],"predecessor-version":[{"id":11815,"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/posts\/5359\/revisions\/11815"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/media\/11525"}],"wp:attachment":[{"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/media?parent=5359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/categories?post=5359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/explorelogicsit.net\/kwenergy\/wp-json\/wp\/v2\/tags?post=5359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}