{"id":91500,"date":"2015-06-24T13:16:02","date_gmt":"2015-06-24T11:16:02","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=91500"},"modified":"2015-06-24T13:50:28","modified_gmt":"2015-06-24T11:50:28","slug":"eskom-5-years-away-from-total-collapse-analyst","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/91500\/eskom-5-years-away-from-total-collapse-analyst\/","title":{"rendered":"Eskom 5 years away from total collapse: analyst"},"content":{"rendered":"<p>There is a more than 50% chance that the country&#8217;s energy grid will suffer a total collapse soon, energy analyst Ted Blom said on Wednesday.<\/p>\n<p>&#8220;I believe that the probability of a grid meltdown is more than 50%,&#8221; he told a National Energy Regulator of SA (Nersa) panel at a public hearing in Johannesburg on Eskom&#8217;s application for a further hike in tariffs.<\/p>\n<p>&#8220;A total grid collapse is what we don&#8217;t want to face because it will take you anything between a week and two weeks to recover, and I&#8217;m not even talking about the mayhem that will occur in the meantime.&#8221;<\/p>\n<p>He said this was a topic that had been treated quietly until last Wednesday, where Eskom said there was a zero possibility of a grid collapse.<\/p>\n<p>Blom then gave the rundown of his reasoning.<\/p>\n<p>&#8220;According to my estimate, the weekend or overnight demand is around about 22 GW (gigawatts)&#8230; I might be wrong by a couple of gigawatts, I am not too worried about that.<\/p>\n<p>&#8220;The peak demand is 35.5 GW as we are told by Eskom &#8211; the winter demand,&#8221; he said.<\/p>\n<p>&#8220;These are the numbers that only came out in the last week from the &#8220;war room&#8221; &#8230; that the serviced, or what you and I know as roadworthy generator sets are roughly 40% of the fleet. Fair condition, 12% of the fleet. Poor condition, 21% of the fleet, critical condition, 26% of the fleet.&#8221;<\/p>\n<div class=\"pull\" style=\"text-align: center;\">&#8220;I don&#8217;t think [Eskom&#8217;s grid] will survive five years in its current state&#8221;<\/div>\n<p>Blom said that if you add up the fair and roadworthy sets, you would get around 20 GW.<\/p>\n<p>&#8220;So you have 20 GW&#8230; the balance is poor and critical,&#8221; he said.<\/p>\n<p>&#8220;The normal safety margin around the world is 15%, that is roughly 6.5 GW.<\/p>\n<p>&#8220;Eskom&#8217;s new winter strategy, they told us proudly last week, will only have a 1 000 MW safety margin, and it is roughly 2.5% of what is considered an appropriate safety margin.<\/p>\n<p>&#8220;So according to that, and I am willing to challenge anybody&#8230; I am forecasting that there is a better than 50% probability of a total grid collapse.&#8221;<\/p>\n<p>Blom also ran through Eskom&#8217;s &#8220;state of health&#8221;, where he illustrated various shortfalls Eskom was suffering, including coal, water and maintenance .<\/p>\n<p>&#8220;I don&#8217;t think it will survive five years in its current state&#8230; you decide that for yourself,&#8221; he said.<\/p>\n<p>&#8220;I think it is patently clear that this Eskom is not sustainable, a fact that auditors should have whistle-blown on years ago, and I wonder why they haven&#8217;t&#8230; maybe they don&#8217;t want to lose the audit contract.&#8221;<\/p>\n<p>He also said Eskom must not get its request for its hike.<\/p>\n<p>The parastatal is applying for a 24.78% increase. It had already received a 12.6% increase, which would make up part of the 24.78%.<\/p>\n<p>&#8220;As far as I am concerned, there is no legal basis for the re-opener [the application for the higher tariffs].&#8221;<\/p>\n<p><a href=\"http:\/\/www.fin24.com\/Economy\/Eskom\/Over-50-chance-of-grid-meltdown-energy-analyst-20150624\" target=\"_blank\">News24<\/a><\/p>\n<h3 class=\"my-4\">More on Eskom<\/h3>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/91368\/eskom-asks-for-reduced-tariff-increase\/\">Eskom asks for reduced tariff increase<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/91216\/eskoms-shocking-annual-price-hike-since-2007\/\" target=\"_blank\">Eskom\u2019s shocking annual price hike since 2007<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/90904\/eskoms-sums-dont-add-up-energy-expert\/\">Eskom\u2019s sums don\u2019t add up: energy expert<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/energy\/90894\/higher-tariffs-or-power-cuts-you-choose-eskom\/\">Higher tariffs or power cuts \u2013 you choose: Eskom<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is a more than 50% chance that the country&#8217;s energy grid will suffer a total collapse soon, energy analyst Ted Blom said on Wednesday.<\/p>\n","protected":false},"author":35,"featured_media":77857,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[1164,26,10032,10034],"class_list":["post-91500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-eskom","tag-headline","tag-power-grid","tag-ted-blom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/91500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=91500"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/91500\/revisions"}],"predecessor-version":[{"id":91512,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/91500\/revisions\/91512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/77857"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=91500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=91500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=91500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}