Eskom, in its present form, is a dinosaur waiting for a giant meteor. Eskom is huge. By revenues, Eskom is in the top five companies in South Africa. Eskom also represents our whole electricity sector, from generation, transmission, distribution and half of all retailing (the other half being the municipalities). This level of integration is virtually unknown in other democratic countries. Eskom is also behind the technology curve in almost every respect: Over 90% of our electricity is generated by coal-fired power stations. Eskom is one of the worlds worst carbon dioxide emitters. Eskoms consumption of scarce water is another problem. Its power stations consume about 1,433 litres of water per MWh fed into the grid. Our grid is largely aging and under-capitalised.
Posted on: Wed, 26 Mar 2014 18:22:45 +0000
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