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May 2016

News

T

he state energy supplier has

decreased the usage of diesel

from R800 million to R40 mil-

lion in five months due to improved

performance of its base-load fleet.

The utility will continue with its rig-

orous planned maintenance without

implementing load shedding while

also minimising usage of the OCGTs.

With regards to the Generation

Sustainability Strategy, the utility

aims to achieve 80%plant availability,

10% planned maintenance and 10%

unplannedmaintenance over theme-

dium term. The adherence to regular

scheduled maintenance is managed

through the Tetris planning tool,

which schedules outages based on

forecasted demand andmaintenance

requirements.

According to Eskom, a key aspect

of this includes having a strict winter

and summer maintenance budget

that comprises 8.5 GW for winter and

11.5 GW for summer. Whileworking on

Eskom’s board of directors’ said that the reduction in unplanned

outages contributed to improvements of plant availability, and the

sharp reduction in the usage of open cycle gas turbines (OCGTs).

Eskom on solid ground

the performance of the existing ageing

fleet, Eskom has also fast tracked the

building of new generating capacity.

In March, Unit 3 of the Ingula

Pumped Storage Scheme was syn-

chronised to the national power grid,

marking a key milestone towards the

full commercial operation of the unit,

ahead of the scheduled deadline of

January 2017.

Unit 3 is the first of four units at the

Ingula Pumped Storage Scheme to be

connected to the national grid. Once

completed, all four units of Ingula

will produce a total of 1 332 MW and

this will go a long way to meeting the

country’s rising electricity demand.

The capacity expansion pro-

gramme will be completed within

the next five years and will increase

Eskom’s generation capacity by

17 384 MW; transmission lines by

9 756 km; and substation capacity by

42 470 MVA. This will enable Eskom to

provide security of electricity supply

to South African homes and busi-

nesses, poweringeconomic expansion

and extending electricity to millions

of residential households, who cur-

rently rely on other energy sources for

domestic usage.

Eskomhas successfully completed

5 620 self-funded electrification con-

nections as well as 1 080 farmconnec-

tions during the course of the 2014/15

financial year. In addition, together

with Department of Energy, Eskom

has connected more than 4,6 mil-

lion households to the national grid

since 1991.

Home improvements growth in US

H

ome improvement spending

is expected to increase by

8,6% by the end of 2016 and

then accelerate to 9,7% by the first

quarter of next year. According to the

Remodelling Futures Program at the

Joint Centre for Housing Studies of

Harvard University, “Ongoing gains

in home prices and sales are encour-

aging as more homeowners pursue

larger-scale improvement projects

this year,” says Chris Herbert, Manag-

ing Director of the Joint Centre.

“On the strength of these gains, the

level of annual spending for remodel-

ling and renovations is expected to

reach US$325 billion nationally by

early 2017.”

“Our recalibrated indicator fore-

casts a broader segment of the nation-

al residential remodellingmarket that

includes home improvements and

maintenance activity for the owner-

occupier housing market,” says Abbe

Will, a research analyst in the Remod-

elling Futures Program at the Joint

Centre. “With this re-benchmarking,

the Leading Indicator of Remodelling

Activity, now more accurately sizes

the remodellingmarket and continues

to anticipate major turning points in

home owners spending.”