Treasury/VGBE Report: Ramaphosa’s Energy Action Plan was wrong as it misdiagnosed coal power stations underperformance

The National Treasury Report, prepared by Germany’s VGBE consortium on the poor performance of Eskom coal fired power stations has irrefutably confirmed that President Cyril Ramaphosa’s Energy Action Plan (EAP) completely misdiagnosed the challenges at these stations and pursued interventions that made their underperformance worse. To regain lost ground and improve the performance of coal…...