Ted Blom

Loading player...
THE INTEGRATED RESOURCE PLAN (IRP)

•The plan projects that by 2030, almost 60% of SA electricity will still be generated from coal. Currently, coal plants generate 77% of electricity in the country.
•But government has hiked the expected contribution from wind by a large margin.
• In the initial draft version of the plan, released last year, wind was only supposed to deliver 13% of SA’s electricity by 2030– this has now been increased to more than 18%.
•Previously, government thinking was that wind farms were supposed to represent 11 442MW (or 15%) of "installed energy capacity" in the country by 2030. (Installed capacity refers to the maximum output of electricity a plant can produce under ideal conditions.) This has now been increased by 55% to 17 742MW in the latest round.By 2030, solar will supply 7% of electricity. Hydro plants will contribute 8%, nuclear 4.5% and the rest from gas and diesel.
21 Oct 2019 12PM English South Africa Business News · Investing

Other recent episodes

Real Salaries Lift — But Households Still Under Pressure

July brought rare relief as nominal net salaries edged up to R21,642 and real salaries improved for the first time in nine months. But with year‑to‑date salary growth at just 1.6% and real earnings still 2.2% below last year, households remain stretched. Elize Kruger breaks down wage trends, inflation dynamics,…
26 Aug 1PM 10 min

Inside Absa’s Tech Leap: AI, Speed & 99.97% Reliability

Absa’s digital transformation is delivering real‑world outcomes: SME account‑opening times have collapsed from two days to under 30 minutes, credit decisioning now takes just four hours, and AI is reshaping customer service, debt review and employee productivity. Johnson Idesoh unpacks how Absa achieved 99.97% availability, boosted Rewards membership by 430,000,…
26 Aug 12PM 15 min

Andile Khumalo on the Truth Behind Entrepreneurship

Entrepreneur and KhumaloCo CEO Andile Khumalo sits down with Gugu to unpack his new book Things I Wish I Knew. A raw, story‑driven look at the real cost of building a business — from cash‑flow panic and leadership pressure to failure, resilience, and personal sacrifice. A powerful conversation for aspiring…
25 Aug 1PM 35 min

Data, Debt & Disruption: How MTN, Vodacom & Telkom Are Really Performing

Telecoms expert Dobek Pater unpacks the operating performance of South Africa’s major telcos during reporting season. We explore MTN’s strong Africa momentum, Vodacom’s diversified growth across Egypt and financial services, and Telkom’s restructuring challenges. A full sector breakdown covering regulation, leadership shifts, revenue paths, risks, and the race for African…
25 Aug 1PM 14 min

Why a US Bond Buyback Shook the World — Bonds 101 with Keenan Moses

RMB trader Keenan Moses joins us for a masterclass in fixed income. We unpack the US Treasury’s surprise bond buyback plan, why it sent global yields swinging, how it spilled into equities, and why the rand and JSE reacted positively. A fun, accessible Bonds 101 for listeners wanting to understand…
25 Aug 12PM 17 min