Energy expert Ted Blom believes distributed generation will slice electricity costs by up to 90% for the average household.
Blom says South Africa and the world is at the precipice of revolutionary developments in energy generation and distribution, and the next 5 -10 years will render such dramatic changes that today’s energy supply chain will not be recognisable, especially with the advent of distributed generation, which in many instances will kill off centralised ‘bulk’ generation and distribution.
“I believe this move will slice electricity costs by up to 90% for the average household, and be a boom industry for participants in the energy revolution, with concomitant radical improvements in standards of living.”
Blom is a speaker and advisory board member of the 18th African Utility Week that is taking place from 15-17 May in Cape Town, South Africa.
Parliamentary investigation into Eskom
Commenting on last year’s parliamentary investigation into Eskom, Blom says: “the Parliamentary Energy subcommittee investigation is a refreshing attempt to decipher what has gone wrong at Eskom since it was ‘commercialised’ in 2001. However, any results will only highlight that prosecution and clean-ups are long overdue, as the committee is powerless to take punitive action against wrongdoers.”
“Nuclear deal will be pushed through”
With regards to the pending decision on the nuclear deal, Blom notes: “I am convinced that the nuclear deal will be pushed through the moment South African citizens take their ‘eye off the ball’. Zuma’s government has already confirmed that it is beholden to the Russian deal, and their delivery of those contracts to Russia is allegedly behind. So expect renewed vigour from Eskom and the Department of Energy to bulldoze these through.”
Blom will be joined by over 300 expert speakers at the this year’s event which will gather over 7000 decision makers from more than 80 countries to discuss the challenges, solutions and successes in the power, energy and water sectors on the continent. Along with multiple side events and numerous networking functions the event also boasts a seven track conference.
The conference programme will address the latest challenges, developments and opportunities in the power and water sectors: ranging from generation, T&D, metering, technology and water.
The full interview with Ted Blom can be read here.
Disclaimer: African Utility Week endeavours to provide a platform for dialogue in the industry and the views and opinions of event speakers and advisory board members do not necessarily reflect the views or position of the organisers.