MBA candidate (GIBS) ||BscHons Actuarial Sciences ||NatDip Mining Engineering || Interested in Minerals & Things || Went to a public school and can read English
14 years late but we appreciate the decisiveness of the leadership. This, however, shouldn’t overshadow the biggest lever they need to shift which is fixing the coal fleet.
The commencement of the 2500 MWe New Nuclear Procurement in South Africa is now official. Well done Minister
@Kgosientsho_R
and your team for decisive actions. We shall ensure that RFP responses align with the specified criteria and requirements.
#TripleNuclear2050
@ZANewsFlash
Something tells me they did not take river bed gradient in to account but rushed to build, this is an important consideration for water project design because it affects the flow rate, sediment transport, erosion potential bluh bluh of the river. If you dont know the calculations
@Madlala_TM
@SizweDhlomo
“What is the gradient” not what is a gradient. He wanted to understand the required pumping capabilities and the power implications thereof.
My partner is eligible to register as a CA(SA) and I too am awaiting admission as an Attorney of the High Court. 🥹🤍
It was just the other day when we started varsity lol?
Super grateful that God willed that it be just as we had hoped and prayed for. 🥹🥳
@UncleCul
Profit is function of two things: Revenue and Costs. Cost curtailment 9/10 focuses on headcount as a cost item; especially in sectors that have the propensity to be mechanized.
[HAPPENING TODAY] This morning, Minister in The Presidency responsible for Electricity, Dr Kgosientsho Ramokgopa, is expected to brief the media on the ministerial determination for the procurement of 2500 MW of new generation capacity from nuclear.
The proposition that presents wind and solar as baseload remains an engineering fantasy. At a large scale, they remain inefficient with an unattractive cost curve.
[ENERGY EDUCATION] ‘With 60 000MW of wind generation connected to the backbone of the Continent, on 6 June 2023 only 200 MW showed up’ - Jim Robb, President & CEO of North American Electricity Reliability Corporation (NERC).
We want dispatchable power! Not windmills and mirrors that continue to negatively affect our system rotational inertia.
Proposing renewables as baseload remains an engineering fantasy
An entire generation of kids will go from Gr R - 12 before a new nuclear power station comes online ffs.
They could install 2500MW of renewable power by March.
Oh Spirit of the Living God. You hold your word above your name, and your foundation standeth sure! On account of that we stand sure. Thank you for everything - what you’ve done, what you doing and what you still going to do! 🙌🏾🙌🏾
@UncleCul
Generally, empirical data suggests otherwise. These sectors have grown y-o-y in their key financial metrics with less headcount.
I’m not saying they’ve completely removed people but they doing more with less people now even in agri.
@real_zunaidmoti
Fully concur! However this usually comes with an inherent risk to the business, especially if the function being outsourced is a critical aspect of the value chain. Therefore, requiring even more resources on over-site and consequence management.
@hkrugertjie
Agreed! In as much as the fixed tariff will allow for their service fees; Eskom’s collection is still not optimized.
Here’s to consider: Eskom collects fixed tariff + service fees and repays municipalities. Rebalancing monthly to manage liquidity
We have almost achieved the end of load shedding because of the private sector's embrace of electricity generation. Billions are being invested in new renewable energy plants, adding significant capacity to the grid, I write in my newsletter.
The NEAREST NHI-ready facility is what the bill says. Both private and public facilities and providers would need to meet minimum standards. The assumption that under-resourced facilities will be utilized as they are is a bit disingenuous.
Please Panyaza doesn’t even know the basics of NHI Bill. Government won’t own or need to buy hospitals. Government will outsource services. Panyaza and co only know how to grandstand and do PR. Not real work. Not technicalities. Not governance.
You go to the NEAREST facility.
@hkrugertjie
It is definitely higher.
I’m however more interested in the collection modalities. Will the current hybrid model still work? The same municipal collection model that has left a dent in Eskom’s topline.
Would be interesting to learn your proposed view on this
Without any political interference, I trust the new Chairman and CEO to prioritize this!
We don’t necessarily need new generation, we have enough installed capacity with the coal fleet!
Did they vertically integrate too early into energy storage? I feel they could have deployed that capital to streamlining and optimizing their vanadium operations into defendable assets even during price downturns. The move to energy storage batteries seemed a bit premature.
The Bushveld Minerals deteriorating production output, high debt, high strip ratio from magnatite ore, dropped share price, etc.
Pains me as a South African 🇿🇦 because it's a company with enormous vanadium potential to be x3 bigger than what it is now globally
@Griswold01W
Folks… this is NOT okay. It’s either you believe in agency or you don’t. It’s either you believe in the right to vote or you don’t. You can disagree deeply & vehemently with someone’s voting choices, but you have NO right to attempt to strip them of their agency & right to vote
@hkrugertjie
The lowest hanging fruit is point 1: fixing the 40GW coal fleet.
A clear plan and costing prior adoption, coupled with the learnings from Koeberg’s retrofitting program they just completed!
The other marginal gains can roll out as time goes.
@Abuti_Kokx
I’m all for market penetration ( in existing market) before new market entries. Retail is big enough in SA and the brand is well positioned to capture more market share.
@hkrugertjie
You are making a compelling case!
Quick one: on the figure demonstrating the fixed and the variable costs, is that reflective of the current R/KWh?
@Madlala_TM
@SizweDhlomo
“What is the gradient” not what is a gradient. He wanted to understand the required pumping capabilities and the power implications thereof.
@hkrugertjie
@jacob_maroga
Do we then dispel their bargaining chip that renewables have the lowest LCOE? I mean a 100% back up from dispatch-able gas puts them right back at the top in terms of LCOE!
@hkrugertjie
Double down on collection otherwise Eskom will always REALIZE less than reflective tarrif costs.
Solving this can help me retire at 35! lol
@Madlala_TM
@SizweDhlomo
A positive gradient would mean a bigger pump to match required flow rate and hence more electrical power required and vice versa.
But his biggest concern is obviously electrical power given our challenges!
At end Dec 2022 value of SA mining assets was R1.6 trillion, according to my estimate. So why did pres Ramaphosa repeat minerals council fake news at mining indaba yesterday that black ownership is 39%? That is R640bn and is impossible. I am the expert. Black ownership is 5.4%