Discussions underway on moving Eskom to DMRE

Source: Hongqi Zhang © 123RF.com

Mabuza said the Presidential State-Owned Enterprises Council will advise government on the appropriate shareholder models and repositioning of state-owned companies as effective instruments of economic transformation and development.

“As government, we continue to engage with key stakeholders to address any implementation bottlenecks and challenges in our efforts to provide stable energy, which will stimulate sustainable economic growth.

“Private sector experts are also invited to share expertise and experience across a number of key performance areas that the Eskom Political Task Team is seized with,” Mabuza said.

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Alternative energy generation measures

He mentioned that within the framework of the Integrated Resource Plan, alternative energy generation measures are also being explored and implemented to augment electricity supply and improve the stability of the grid upon their completion.

“The minister of mineral resources and energy recently announced the preferred bidders for the Renewable Energy Independent Power Producers Procurement Programme Bid Window 5.

“The 25 projects in this latest round of independent power producer procurement will eventually add the much needed 2,583 megawatts capacity of renewable energy to South Africa’s grid.”