HomeHeadlineEskom Shifts Focus to Affordable and Cleaner Energy, Says Chair Dr Mteto...

Eskom Shifts Focus to Affordable and Cleaner Energy, Says Chair Dr Mteto Nyati at Joburg Indaba

Published on

spot_img

By Lesedi Sibiya-Diplomatic Insider 

Chairman of Eskom Holdings, Dr Mteto Nyati, expressed at the Joburg Indaba that Eskom has moved its focus away from energy security and has told the conference that Eskom will not shift its focus on providing affordable energy. 

“Our initial focus was energy security but that’s behind us now. We want to provide affordable energy. Going forward we need to have single digit increases that are in line with CPI [Consumer Price Index]. To achieve that we need to take R112 million out of our base costs over the next 5 years.” said Nyati. 

Nyati also expressed that Eskom will also focus on greener energy, specifically through clean coal as a point of interest. 

“As Eskom we look at the different sources and means of energy. Our consistent source of energy for us is coal and it’s been our interest to find ways of making coal clean” said Nyati 

Last month municipal debt concerns have continued to be an issue for Eskom as municipalities across the country owe Eskom over R100 billion. 

However, despite these concerns Eskom have expressed that the public should not worry about the return of load shedding as the electricity problem in the country has stabilised.

 As the municipal debt continues to pile up, Eskom has remained powerless in trying to get the money back according to Electricity Minister Kgosientsho Ramokgopa. 

Latest articles

DRC’s Ebola epidemic could be the worst in history: 4 things that could help end it

The Democratic Republic of Congo’s fight against Ebola has reached a tipping point. It...

Madlanga Commission Takes Break as Explosive Evidence Rocks Police Inquiry

By Lesedi Sibiya-Diplomatic Insider Madlanga Commission has announced that they will be taking a two...

An insight into the scourge of the Xenophobia crisis in South Africa 

By Lesedi Sibiya-Diplomatic Insider As the sentiment surrounding anti-immigration continues to grow in South Africa,...

Eskom still have ground to cover despite recent surge in profits 

By Lesedi Sibiya-Diplomatic Insider  Eskom registered an annual profit which had doubled to R30.3 billion...

More like this

DRC’s Ebola epidemic could be the worst in history: 4 things that could help end it

The Democratic Republic of Congo’s fight against Ebola has reached a tipping point. It...

Madlanga Commission Takes Break as Explosive Evidence Rocks Police Inquiry

By Lesedi Sibiya-Diplomatic Insider Madlanga Commission has announced that they will be taking a two...

An insight into the scourge of the Xenophobia crisis in South Africa 

By Lesedi Sibiya-Diplomatic Insider As the sentiment surrounding anti-immigration continues to grow in South Africa,...