Found this on Eskoms site on wikipedia: his entire situation is surrounded by controversy. Decision makers and leaders both in Eskom and in the government predicted in the late 1990s that Eskom would run out of power reserves by 2007 unless action was taken to prevent it. There is also criticism that Eskom exports electricity to neighbouring African states when it doesnt have the capacity to meet South Africas demand. Eskom, however, announced on 20 January 2008 that it had ceased to export power. The government claims that the shortage caught them by surprise since the South African economy grew faster than expected. However, their target growth rate of 6% per annum was not reached from 1996 to 2004. The average GDP growth rate during this period was 3.1%. In 1998 Eskom acquired a minority stake in alternative energy technology company Amazing Amanzi Systems (Pty) Ltd with the vision of incorporating it into its joint venture with Royal Dutch shell as part of the Shell Solar Homes project. Controversy erupted at the cancellation of the Shell Solar Project and the roll-out of free and or subsidized kerosene water heaters and stoves due to political pressure.
Posted on: Sat, 13 Dec 2014 09:22:49 +0000
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