“Government’s proposed allocation of an additional R4.7-billion for solar water geysers has been welcomed as a step in the right direction, but other savings initiatives will be required to mitigate the prevailing risk to businesses and consumers of the country’s power shortages.
Research conducted by professional services company Step Strategic Venturing shows that South Africa has been in a precarious position for the last eight years, with the reserve margin – the level of extra power capacity above what is expected to be needed – falling below the globally accepted safe limit of 15%. This margin has been steadily decreasing over the last ten years and is currently sitting at only 3%.”
Progress and risks as SA moves to deal with power crisis:
‘via Blog this’
