LETTER: Huge energy reforms needed
Attempts by Nersa to rein in Eskom not enough
Don’t look to Nersa to rein in Eskom and the ever-increasing price of electricity. The utility is performing according to its mandate and is not equipped to deal with the mess the new management of Eskom inherited. What is needed is major reform of the energy sector, and until this happens we will continue on a path of spiralling tariffs and declining sales. If this is allowed to happen we will lose the good parts of Eskom along with the bad. We know what is wrong but the problems and scandals have largely been confined to the power stations and coal purchases, while the national grid has continued to perform without drama. The “new Eskom” must be built on the management of the grid and we already have draft legislation in the form of the Independent System and Market Operator Bill. There have been huge technological developments, which the 2018 Integrated Resource Plan (IRP) acknowledges in a more realistic energy plan. The old ways of generating electricity are getting more expens...
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