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
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