South African Minister of Energy Radebe On Eskom Crisis
After another severe bout of load-shedding, South Africa’s Minister of Energy, Mr Jeff Radebe, discussed the problems faced by the country at the 8th Annual DLO Africa Power Roundtable. “Given the crisis at Eskom, I foresee a larger role for renewables,” Mr Radebe said, adding that where the government’s Renewable Energy Independent Power Producers Procurement Programme (REIPPP) was considered to be too costly to implement, renewable energy is proven to become a cheaper and a viable option. And when all is said and done, the complete collapse of South Africa’s energy grid will cost the country far more than the implementation of the REIPPP.
The Current State
Where most businesses in South Africa seem to be holding their breath, waiting to see what the future of Eskom would mean to their livelihoods and the livelihoods of those that they employ, we have found that there are already business owners who look towards a future where Eskom fails. These individuals call on renewable energy companies such as DPA to help enable them to keep their doors open. It is perfectly within the rights of South African companies to do so. It is important to note that solar solutions take time from agreement to completed installation and so we fully recommend that business owners switch to solar power as soon as possible.
Due to the aforementioned drop in costs, this is the perfect time for companies to take a step away from fossil fuels and into a renewable energy future, irrespective of what the South African government decides to do with the REIPPP. At DPA, however, we take one step toward business owners with our 100% financing option. If you are a South African business owner and you want to take advantage of our exciting offer, be sure to fill in the form on our Contact Us page and we will be in touch.