"Power utility Eskom says it has a plan to reduce air pollution in high priority areas – which includes installing new technology and shutting down power stations over time."

ESKOM HAS A PLAN???

over time... yeah, heard that one before....🤣

NEVER-MIND POLLUTION - LETS GET SOME ELECTRICITY!

https://businesstech.co.za/news/energy/322711/eskoms-plan-to-cut-down-air-pollution/

Edited June 11, 20197 yr by Gabriël
xtra data

18 minutes ago, Gabriël said:

NEVER-MIND POLLUTION - LETS GET SOME ELECTRICITY!

I have no hope that it will be sorted. There just is not enough resources on top of which the factions inside the ANC is digging in, they seem to be going at each other with everything they've got, the "new" focus now being the Reserve bank ... 

Gordhan is as quiet as a mouse. Where is that engineers report he promised? Maybe that is why he is being attacked from all sides, having seen the facts inside Eskom? Another one bites the dust?

He said:
Week to 10 days ... on Mar 19 2019.
In Mar 2019 it was 419bil, today it is wot +-500bil.
If the economy improves the state will keep on bailing out Eskom to a tune of 23bil per year ... economy is tanking.
Eskom has a better understanding ... 

https://www.cnbcafrica.com/videos/2019/03/19/pravin-gordhan-gives-update-on-the-eskom-crisis/

Eskom is NOT a priority ... I will stand to be corrected anytime for if ever there is one statement I really want to be wrong about, this is it.

Eskom is like the Titanic ... the music is playing, the people are singing ... the ship is sinking.

I can't wait for the downgrade. I'm going to leverage the **** out of the rand weakness.

1 hour ago, The Terrible Triplett said:

Gordhan is as quiet as a mouse

applying the rules of my logic if gordhan states  [re the future demise of eskom] "...if the economy improves [a] and the fiscal situation improves {b} we'll see how it goes into the future [c]..." then a and b are zero hence c is also zero, thus zero vision... 😬 i.e. darkness [so what's new] - the blind leading the mindless...

1 hour ago, The Terrible Triplett said:

Eskom is like the Titanic ... the music is playing, the people are singing ... the ship is sinking.

and quite like the titanic two things are true,

1. the captain of the titanic, one smith, apparently stated "Even God himself couldn't sink this ship," - it seems cr & kie are under the same illusion re eskom and especially the 1st class 'passengers' are in total denial of what has [note tense] actually transpired
2. and regarding the memo, all received it no one can claim ignorance, we even have the grid reference 🙄

 

Edited June 11, 20197 yr by Gabriël

1 hour ago, The Terrible Triplett said:

https://www.cnbcafrica.com/videos/2019/03/19/pravin-gordhan-gives-update-on-the-eskom-crisis/

what is it with 'bodyguards' wearing earphones and wires not blending with their skin colour - or do the colours actually represent military ranks or status or what? 🤔

Edited June 11, 20197 yr by Gabriël

6 minutes ago, Gabriël said:

what is it with 'bodyguards' wearing earphones and wires not blending with their skin colour - or do the colours actually represent military ranks or status or what? 🤔

Makes you look more important, more intimidating, gives you "status", a deterrent ... fact that you actually are placing a huge big massive target on your back, that is unfortunately lost in translation.

But lets call it "bling" ... bodyguard "bling". 🙂 

3 minutes ago, The Terrible Triplett said:

fact that you actually are placing a huge big massive target on your back, that is unfortunately lost in translation

now that is obvious to any but the select morons, another one is that the kids and momma can id you easier on tv - but then again, who says they are not listening to music on their mobiles?

Here is some good news though ... Cape Town Winter song ... at least you will have wine and a nice fire if there are power failures.

 

Here are some interesting article I came across researching something:

Spare generation capacity – City-supplied areas

In the lower stages of load-shedding, the City is often able to lessen the impact of load-shedding on its residents. For instance, if Eskom announces Stage 2, the City can often assist with additional capacity and therefore City-supplied customers (those who get their electricity from the City and not Eskom as indicated on the bill they receive every month) would experience only Stage 1. The scheme is currently undergoing planned and necessary maintenance. The work was planned for this part of the year when electricity usage is lower than in winter. The work will continue until 30 April 2019.

The City deployed the use of gas turbines as a limited intervention in an effort to assist residents and businesses that is why recently, the City was able to keep City-customers on Stage 1 and not Stage 2 if applicable at times. This is a limited intervention and most applicable at lower stages of load-shedding. It is not utilised as a rule but rather as the exception.

This forms part of broad contingency planning efforts that continue to be under way in light of the energy supply uncertainty.

From here: https://www.politicsweb.co.za/politics/contingencies-continue-to-mitigate-against-future-

 

Yet again interference (nefarious?) from the national government:
Infuriatingly, former Energy Minister, Tina Joemat-Pettersson excluded the Western Cape from the first round of licence allocations to import LNG, which went exclusively to Couga in the Eastern Cape and Richard’s Bay in KwaZulu Natal. The not-so-hidden agenda was clear. No province is as prepared for the new system as we are, but as often happens, the national department (ab)used its powers to apply the brakes.

This is ironic, given that our energy plan is entirely aligned with the National Development Plan to which the national government professes allegiance.

From here: https://www.dailymaverick.co.za/opinionista/2019-03-25-from-the-inside-we-have-a-game-changer-for-the-power-supply-problem-we-must-now-implement-it/

 

City as a "business" needing to attract international investment, fails against this:
When we had stage 4 load shedding for the first time in February, that day cost the Western Cape economy more than R3 billion. We are now on our fifth consecutive day of stage 4 – the cost is going to be enormous. Businesses fail when the lights go out. Investors shy away from the uncertainty over the power supply. This costs jobs and growth.

From here: https://www.da.org.za/2019/03/eskom-crisis-in-the-western-cape-we-will-fight-to-keep-the-lights-on

 

This happened on Sunday past: https://www.apnews.com/60ecd65067ec43c28c29a412f452b488

It fascinates me that the grids are prone to hacking. Wonder how safe Eskom is.

13 minutes ago, The Terrible Triplett said:

Wonder how safe Eskom is.

i like the quote in the article "He vowed: “There is zero chance that this will repeat itself. It can’t repeat itself.”, hehehe, famous last words - especially as he states that it could have been a 'cyberattack' ; them nasty yanks at it again 🤪

On 2019/06/11 at 11:40 AM, plonkster said:

I can't wait for the downgrade. I'm going to leverage the **** out of the rand weakness.

I am currently looking for someone willing to give me a ZAR denominated home loan to buy off-shore property, sadly I haven't come across any providers yet, I think this would probably be the best hedge you can ever make. 

8 hours ago, PJJ said:

I am currently looking for someone willing to give me a ZAR denominated home loan to buy off-shore property, sadly I haven't come across any providers yet, I think this would probably be the best hedge you can ever make. 

That would be a good hedge....providing it is at a fixed interest rate.

Mind you anybody opening any account now will be unwise not to ask for a fixed rate.

Well, the courts are clawing back some of the state capture money.

https://www.dailymaverick.co.za/article/2019-06-18-trillian-ordered-to-pay-back-ill-gotten-gains/

 

we'll sadly issuing this instruction and now making it happen will be the proof...

Have to start, have to execute to then make progress, all well said, now the done needs to happen.

next is Transient, then SAA, then OVS dairy fiasco... then we will be making progress.

G

10 hours ago, GVC said:

providing it is at a fixed interest rate.

You don't really get fixed rate mortgages in SA, at best most banks will give you a fixed rate for 5 years and then after 5 you can negotiate a new 5 year deal.

1 hour ago, georgelza said:

now the done needs to happen.

now that is the crux of all things - as to this day God has been the only one whose words literally and figuratively 'materialized'. most people - including the majority of politicians, are well described here: "These are hidden reefs (elements of danger) in your love feasts, where they boldly feast sumptuously [carousing together in your midst], without scruples providing for themselves [alone]. They are clouds without water, swept along by the winds; trees, without fruit at the late autumn gathering time—twice (doubly) dead, [lifeless and] plucked up by the roots;" Jude 1:12 , AMP - to expect righteousness and justice to come forth from those waterless clouds borders on insanity.

... hey, what a positive way to start the day 😬

4 hours ago, Bobster said:

Well, the courts are clawing back some of the state capture money.

Nice!

1 hour ago, Gabriël said:

... to expect righteousness and justice to come forth from those waterless clouds borders on insanity.

Ditto!

But that article that Bobster spotted, there was this reference to R1bil "Pay back the money" back in 8th March 2018 ... where is it today? 

See here: https://www.dailymaverick.co.za/article/2018-03-08-scorpio-mckinseys-double-jeopardy-conundrum-over-r1bn-payback-to-eskom/

I quote: "Established power utilities have suffered in recent years as their decades-old model of centralized, predictable energy production and consumption has given way to a more flexible energy system where smaller, nimbler retail challenger brands can often undercut their prices."

SA is in the same boat if there is a bigger adoption of solar, or a "faster" slow failure of Eskom giving more people time to move over to solar: Shell aims to beat power utilities at their own game

I hear from across the river that Namibia is taking the same route as Botswana: To become more self-sufficient in terms of power. Solar will likely make up a large part of it. Eskom's plan of making up losses by selling to other countries has a very short shelf-life.

3 hours ago, plonkster said:

very short shelf-life.

a matter of time...

 

"LONDON (Reuters) - Britain, the birth place of coal power, is set this year to use more electricity from zero-carbon sources such as wind, solar and nuclear than from fossil fuel plants for the first time, the country’s National Grid said on Friday."

https://uk.reuters.com/article/us-britain-electricity-mix/clean-power-to-overtake-fossil-fuels-in-britain-in-2019-idUKKCN1TL2ZW

Now tell me why SA cannot follow suite?

51 minutes ago, The Terrible Triplett said:

Now tell me why SA cannot follow suite?

Like Trevor Noah says: “The rest of the world goes this way, South Africa says, we go this (opposite) way” 😂😂

42 minutes ago, The Terrible Triplett said:

Now tell me why SA cannot follow suite?

we were a colony, remember 🤪 - another thing, their prime ministers up to now could all actually do some basic math unlike jz who managed to rape this country for nearly ten years; ever-since he came out of that shower; if it were not for us being bankrupt and cr actually realizing it we would soon have a couple of chernobyls along our coastline plus a trillion rand extra deficit trying to emulate the yanks.

 

1 hour ago, Gabriël said:

we were a colony, remember 🤪

speaking about colonies... i notice 2,000,000 people took to the streets in hong kong [now a chinese colony]