EDITORIAL: Mantashe playing fast and loose with our future
Energy minister has toyed with impractical energy fantasies and now settles for the 20-year contracts for gas turbine power ships
Once again SA is at the mercy of an energy minister who wants to play fast and loose with our future.
Bringing new megawatts onto the grid is the economy’s single greatest priority. Without it, growth is constrained and investment dampened. The failure of energy planning over the past decade and a half has been largely political. Instead of doing what makes sense and is cheapest and quickest, energy ministers have toyed with expensive and impractical fantasies, such as the huge building of nuclear plants and now 20-year contracts for gas turbine power ships awarded to a group led by Turkey’s Karpowership SA...