Energy Expert says things aren’t promising at Eskom
Written by Lethiwe Mdluli on 30 October, 2019
Energy expert, Ted Blom, says he is not very optimistic about Eskom.
Public Enterprises Minister, Pravin Gordhan, has unveiled government’s long-awaited plan to save the power supplier, including exposing it to greater competition, lowering fuel costs and increasing renewable-energy output.
The power utility supplies about 95 per cent of the country’s power and its current debt stands at R450 billion.
Blom says the country will have a very tough time for the next five years while Eskom looks to fix things.
By: Lethiwe Mdluli