The Unisa Graduate School of Business Leadership (SBL) held a “Distinction Dialogue: Turnaround strategy: Lessons in Keeping the Lights On” discussion at its premises, in Midrand, on August 13, in partnership with the Department of Electricity and Energy.
Electricity and Energy Minister Dr Kgosientsho Ramokgopa welcomed tangible results emerging from Eskom’s Energy Generation Recovery, with the country’s energy availability factor having improved to 85% in July, a considerable improvement on the levels of about 40% experienced during peak loadshedding.
He also highlighted new renewable energy sources being onboarded as a result of the Integrated Resource Plan.
Ramokgopa highlighted the latter as an overarching, comprehensive articulation of the energy sources underpinning electricity generation in the country, with the aim to ensure security of supply, address cost and environmental issues and ensure the country is able to industrialise on the back of this.
He also enthused that there is a greater appetite from the private sector to invest in self-generation and private offtake, with this increased competitiveness leading to greater investment in research and innovation, and building industry on the back of this new generation capacity.
