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Loosening Eskom's grasp will be a delicate business

March 17, 2021 Eskom Source: Google Images The stand-out item in the Western Cape’ government’s budget, apart from its determination not to be caught napping by another wave of Covid -19 infections, was aportioning R70 million to assist six municipalities in generating, buying and selling their own electricity. The idea is to avoid the tsunami of load-shedding we have been promised for the next five years by the Eskom state monopoly. That is how long it hopes it will take to fix the shambles left of the national power system it inherited from its former managerial kleptocracy. Unlike other budget promises we have heard from other levels of government this one appears to have determination to make it a reality.

Project power: The DA sets out to liberate Western Cape...

During his budget speech on Tuesday, 17 March, Western Cape finance MEC David Maynier named six candidate municipalities which would participate in the Municipal Energy Resilience Project (Merp) designed to help municipalities generate their own power. “We know that load shedding costs the economy about R75-million per stage, per day, in the Western Cape,” said Maynier, describing Covid-19 as a “left hook” and load shedding as a “right hook” to the local economy, which “together often results in a knock-out blow that risks compromising economic recovery”. Maynier said R48,8-million would be given over in the medium term, with an additional R20-million set aside in the provincial reserves for Merp.

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