By Business Day
President Cyril Ramaphosa’s recent announcement of a plan to address the energy crisis has been widely welcomed. But there’s no magic switch that will immediately power up our economy. In the short-term at least, we remain shackled to a creaking “old gen” grid, forcing us to endure stage 6 load-shedding that costs our economy R700m per day per stage. Luckily there are immediate solutions, such as gas, that can play an important role in bridging this gap.
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