One thing is certain: the energy industry is undergoing rapid and dramatic change, and mostly to our collective benefit!
There are too many developments to mention, but here are a few of the most interesting from the last few weeks:
(Click here for a 2017 update on the infographic)
Recently we learnt that Eskom has requested another 9.58% tariff increase from NERSA for 2015, on top of the 12.69% already approved for this year. More recently, it has emerged that Eskom is requesting what is called a “selective reopener” for 2016 and 2017 as well. In particular, it seems that Eskom is looking for an additional 9% increase in each of 2016 and 2017 – i.e. 17% increases in tariffs in both these years instead of 8%/year.