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Running to stand still

Was:  R 300.00
Now:  R 225.00

Quick Overview

The electricity supply crisis that gripped South Africa in 2007 impacted heavily on economic productivity, political stability and every citizen. To date, all attempts to understand the country's electricity supply have focused narrowly on Eskom. Yet, little attention is given to Municipal Electricity Undertakings (MEUs), which started operating two decades , Read More
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ISBN: 9780620931052

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Running to stand still

The electricity supply crisis that gripped South Africa in 2007 impacted heavily on economic productivity, political stability and every citizen. To date, all attempts to understand the country's electricity supply have focused narrowly on Eskom. Yet, little attention is given to Municipal Electricity Undertakings (MEUs), which started operating two decades before Eskom was formed in 1923. Through a detailed historical account, Running to Stand Still unravels the complex linkages between Eskom, MEUs and government. In doing so, it examines two fundamental but diametrically opposed government objectives. First, the ideal of having financially self-sufficient municipalities (which in reality are overburdened and have to rely heavily on revenue from electricity distribution to cross-subsidise their operations). And second, to have a national utility that generates electricity at the lowest cost to provide the country's energy-intensive economy with a competitive advantage. These path-dependent practices have endured for more than a century and have cemented institutional lock-in that blocks much-needed sectoral reform. This is aptly demonstrated through the case study of the country's most powerful financial centre and largest MEU, Johannesburg, which is currently in a state of crisis.