by Mike Rycroft, Mark Botha and Chris Yelland, EE Publishers
 
It is well known that the price of electricity in South Africa has been too low for years. The generation capacity crisis in 2008 prompted a review of Eskom’s build programme and associated funding plan. The original expectation was that there would be a short-duration adjustment to bring prices to the correct level, and thereafter electricity prices increases would follow inflation. But the adjustment did not develop in line with expectations, and price increases much higher than inflation are expected for many years to come… (more)

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