Eskom's increased energy supply have paved the way to ensure that South African households don't experience load-shedding again.
Blom says increased energy supply is due to a drop in demand after Eskom boosted prices.
Stand-in for 702's John Robbie, Nikiwe Bikitsha, spoke to independent energy expert, Ted Blom, regarding the recent developments.
Listen to the interview below:
Unfortunately, there's a lot of opportunism going on as well. The fact is that the demand in the economy is down by more than 15%.— Ted Blom, independent energy expert
They've killed the economy and now they're boasting about it. There is surplus electricity, primarily because the IPPs (Independent Power Producers) have come online.— Ted Blom, independent energy expert
Eskom CEO, Brian Molefe, announced that the entity's turnaround strategy brought energy availability from 70% to 76%.
You can blame Eskom for the excessive price increases, which have made our companies non-competitive in the markets.— Ted Blom, independent energy expert
You need to get into the renewables and start moving away from Eskom.— Ted Blom, independent energy expert