Thursday, 04 October 2007

If Spigot was a Greenie

IF Spigot was a greenie, he would find the recent announcement of the official opening of Eskom's two new open-cycle-gas turbine (OCGT) power stations, which added 1 050 MW to the Western Cape's electricity supply capacity, cause for some concern. Quite apart from the cost (some R3,5-billion of taxpayers' money) he would be concerned at the hand-clapping and general expressions of joy by the oil company that has the contract to supply fuel to these gas guzzlers. For make no mistake these turbines just love petroleum products: 1,8 billion litres a year, some say. If only BPSA shares were quoted on the JSE, hey?

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