“It will take years to sort out the problems that have built up,” said Chris Yelland, a Johannesburg-based energy analyst.
Energy expert Chris Yelland said load-shedding was likely to continue for the rest of the week - and the country may experience load-shedding in future.
Experts weight up the cost of load shedding to SA’s economy Chris Yelland is an energy analyst.
Energy expert Chris Yelland agrees that this move was unprecedented and speaks to how dire the situation is at the debt-ridden power utility.
Radio 702 | Energy expert Chris Yelland says the unbundling of the power utility will come with a number of benefits including driving more assets into the different businesses.
Energy analyst Chris Yelland warned that stage 2 load shedding of 2,000MW is set to cost South Africa’s productive economy R2 billion daily, the Citizen reported.
The interview, conducted by EE Publisher’s editor and energy expert Chris Yelland, covered Eskom’s financial issues, as well as Cassim’s views on president Cyril Ramaphosa’s plans to split the company.
“Load shedding is conducted rotationally as a measure of last resort to protect the power system from a total collapse or blackout.” Energy analyst Chris Yelland warned that stage 2 load shedding of 2,000MW is set to cost South Africa’s productive economy R2 billion daily, the Citizen reported.
Energy expert Chris Yelland says Eskom’s escalation of stage four load shedding could result in the financial loss of at least R4 billion a day.
It may not happen in one step, but it is a very important starting point,” said energy expert Chris Yelland.