Just a reminder: Eskom's first 800 MW Medupi Power Station turbine (unit) was meant to go on stream in September 2012. And then we were expecting the other units to come on stream at 9 month intervals, so we should have at least 2,400 MW on stream by now, but we have nothing, and the latest news, from our new Minister of Public Works, Lynne Brown, is that the first 800 MW unit will be on stream in December 2014 and then the units will come on stream at 12 month intervals.
South Africans are being held to ransom by our government, Department of Energy, Eskom officials, and their consultants, advisors, contractors, staff, and foreign suppliers. They are impeding growth and contributing to South Africa's debt crisis, unemployment, exchange rate crisis, inflation, and the possibility that South Africa might be downgraded to Junk Bond Status. Foreign Investors cannot invest in "Junk Bonds" and will sell their South African debt (bonds) and possibly investments, potentially causing a massive crash in our stock market and possibly worse strikes and hardship. But the situation doesn't need to be like this. We can change it.
The situation must change.
South African citizens must take responsibility for themselves and not rely on government to help anymore regarding electricity provision, although government obviously still has a role to play.
I suspect we could solve our supply problems by introducing mandatory efficiency measures combined with load balancing across the 24-hour cycle. Meanwhile civil society will be migrating to renewables purely for cost reasons and these coal dinosaurs can be aborted.
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