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Renewable Energy in Africa

Energy expert Ted Blom believes distributed generation will slice electricity costs by up to 90% for the average household.

Blom is a speaker and advisory board member of the 18th African Utility Week that is taking place from 15 to 17 May 2018 in Cape Town, South Africa.

“South Africa and the world is at the precipice of revolutionary developments in energy generation and distribution, and the next 5 -10 years will render such dramatic changes that today’s energy supply chain will not be recognisable, especially with the advent of distributed generation, which in many instances will kill off centralised ‘bulk’ generation and distribution. I believe this move will slice electricity costs by up to 90% for the average household, and be a boom industry for participants in the energy revolution, with concomitant radical improvements in standards of living.”

Parliamentary investigation into Eskom

Last year, the independent energy expert also testified before the South African Parliament’s inquiry into Eskom’s governance.
 
“The Parliamentary Energy subcommittee investigation is a refreshing attempt to decipher what has gone wrong at Eskom since it was ‘commercialised’ in 2001. However, any results will only highlight that prosecution and clean-ups are long overdue, as the committee is powerless to take punitive action against wrongdoers.”

Blom also conducted forensic reviews on the Medupi, Ingula and Kusile power station contracts, “but that work is far from complete and dramatically short of resources. Another milestone is the completion of the legal preparatory work to have the first Tegeta coal supply agreement terminated, but again the action has been suspended for unknown reasons. The other two Tegeta coal supply agreements should also be terminated, but it seems South Africans do not have the political staying power to exercise their rights, with the result that Tegeta has managed to get Eskom to further increase coal supply prices, beyond the already outrageous prices- which eventually feed into new higher electricity prices. So while we appear to be winning on the ‘small stage’, we are falling further behind on the ‘Big Stage.”

Nuclear deal will be pushed through

“I am convinced that the nuclear deal will be pushed through the moment South African citizens take their ‘eye off the ball’. Zuma’s government has already confirmed that it is beholden to the Russian deal, and their delivery of those contracts to Russia is allegedly behind. So expect renewed vigour from Eskom and the Department of Energy to bulldoze these through,” says Blom regarding the pending nuclear deal decision. 

For more information log on: http://www.african-utility-week.com and www.african-real-estate-summit.com    

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