Solar power, Eskom and the future of electricity
27 August 2019
Three recent and very diverse news reports once again focused the spotlight on the provision of electricity in South Africa.
One report states that the chief executive officer of Gold Fields has insisted that the government must speed up their large-scale solar power projects so as to prevent massive job losses due to high electricity prices. The second report states that Eskom warned that economic growth could lead to load shedding and the third relates Greenpeace's damning statement about air pollution in the Kriel region.
These reports highlight both the need for alternatives to coal-based power generation as well as the efficiency of solar power.
Until recently, the critique against solar power was that it cannot compete with coal and nuclear power stations pricewise and that the aforementioned sources of energy make investments in solar power seem redundant. Now, however, it is becoming evident that solar power is competing successfully both as regards price and the rate of installation.