Self-Generation in South Africa
With the spate of load-shedding that South Africans had to endure in the last year - resulting in nearly R 1 Trillion in economic losses during 2022 - a look at self-generation is a word on every lip in South Africa.
"A surge in manufacturing output in September despite the worst month on record of load-shedding — the local term for planned outages — suggests companies may be relying more on alternative sources of power supply during blackouts", Peter Worthington, a senior economist at Absa Bank said.
What are these alternative sources? There are definitely several opportunities that can be used by businesses including:
Opportunity is never gained by those waiting for others to provide a solution - but by pro-active and forward-thinking organizations - opening up new opportunities for job creation -and alternative generation models that will drive their ability to embed themselves into communities. The time is now - as has already been proven by innovative SA organizations across the country.
“We actually need to find a smarter way to measure the electricity that’s self-generated, because, at the moment, our monthly survey covers Eskom mostly, and there’s about 20 other smaller power stations,” Joe de Beer, deputy director-general of economic statistics at Statistics South Africa, said in an interview in the capital, Pretoria.
Naturally, all self-generation requires funding - Weaver Merchant&Trade - and its extensive partner base provide funding that reduces the cost of entry - while monthly funding models drive comparisons with Eskom power costs as well as productivity improvements that often result in attractive Savings!
Chris Scholtz - 079 360 5903 or mail [email protected]