How will Eskom keep the lights on next year?

Govt instructed Eskom to submit a detailed report to show how it will cope in keeping the lights on in 2015.

FILE. Govt instructed Eskom to submit a detailed report to show how it will cope in keeping the lights on in 2015. Picture: AFP

JOHANNESBURG - Eskom has been instructed to release a detailed financial report to Cabinet this month, to show how it will cope next year in keeping the country's lights on.

Minister in the Presidency Jeff Radebe announced a five-point plan on Thursday, to help the utility with the ongoing electricity crisis, saying a technical war room has been established to implement the plan.

This week, Eskom CEO Tshediso Matona urged South Africans to start planning their lives and businesses around load shedding because it's the reality for the foreseeable future.

Radebe says issues have been raised about Eskom's cash flow and its ability to continue buying diesel to operate turbines, which are working extensively at the moment to keep the lights on.

"Eskom will present a detailed finance plan to manage its cash flow beyond 2015."

Public Enterprises Minister Lynne Brown however says the utility does have the funds to keep going until the end of next month.

But government will monitor the utility's financial status.

Radebe says tapping in to waste energy, importing gas and implementing a coal independent power producer are all on the cards to help increase generating capacity.

PRIVATE SECTOR

Government will be looking at the private sector to help bail out Eskom from its current electricity crisis in the next few months.

Government will be implementing a mix of solar, wind, gas, coal and nuclear energy, to help increase generating capacity.

But some of this will have to come from the private sector.

A coal independent power producer programme is expected to be launched by the end of next month.

Brown says, "What government needs to do simultaneously is to look at financial security of Eskom."

Eskom's board has also been reshuffled.