The head of the state-owned utility company met in South Africa With business leaders to encourage investment and partnerships in the energy sector, as the country seeks to increase supply electricity Ending a crisis energy It has been going on for 14 years.
In an emailed statement, the company said Andre de Ruyter, CEO of Eskom SOC, reached out to CEOs and leaders of more than 70 private organizations on July 29, with the purpose of discussions being to identify initiatives In which the parties can cooperate and benefit from the investment capabilities of the private sector.
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“The issue of energy security is not like making coffee, you will not get immediate solutions; and as you deal with the energy crisis, you are clearly discovering that it is in fact a basic load crisis,” Minister of Mineral Resources and Energy Guide Mantache said on Sunday, on the sidelines of a national policy conference near Johannesburg. “.
It is noteworthy that Eskom, which provides more than 90% of electricity in South Africa, last month implemented the worst blackout since 2019 to avoid a complete collapse of the system in the country, as the company implemented load separation to remove 6,000 megawatts from the grid, which Enough for 4 million homes. It was the worst cut since the network’s impending collapse in 2008.
Moreover, President Cyril Ramaphosa announced last week that the government has scrapped a 100 megawatt cap on private power generation, to allow companies to build power plants of any size without a license for their own needs and sell them to the grid.
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The government also doubled its purchases of renewable energy to 5,200 megawatts to accelerate the country’s transition to wind and solar energy and away from coal, which the country relies on for more than 80% of its energy.