Executive Mayor Mpho Phalatse on May 23 confirmed that the City of Johannesburg would require R26 billion to stabilise its electricity supply by 2030.
But with only a budget of R7.7 billion, the City is forced to look elsewhere for the funds required.
At the City’s first Energy Indaba at the Sandton Convention Centre, Phalatse described the two-day event as a stepping stone to showing the country, the continent and the world that the City and its utility, City Power, are open for business.
@MichaelSun168 reiterates @CityPowerJhb is “open for business”. The #EnergyIndaba calls on stakeholders to come together to craft the solutions needed to solve our city’s energy crisis. @CityofJoburgZA @Sandton_News pic.twitter.com/UGC1IQjcP9
— Chanté (@Chante_Poppie) May 23, 2022
The event is spearheaded by Phalatse with the support of MMC of Environment and Infrastructure Service Department Michael Sun and City Power acting CEO Tshifularo Mashava.
Acting CEO Tshifularo Mashaba says that @CityPowerJhb is looking to diversify its energy and reduce its reliance on coal-powered energy #EnergyIndaba @CityofJoburgZA @Sandton_News pic.twitter.com/LbLpmGWcC7
— Chanté (@Chante_Poppie) May 23, 2022
The City aims to reduce its dependence on Eskom and the Kelvin Power Station for its energy supply.
“Through the indaba we want to create a platform where both government and business can team up and collaborate to develop lasting solutions to this challenge,” said Phalatse.
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