pamsa presentation to nersa public hearing in durban at the icc
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PAMSA Presentation to NERSA - Public Hearing in Durban at the ICC. 18 January 2010. PAMSA’s Role. To promote the interests of the industry in various forums. To provide a forum for the development and presentation of a common industry view on issues.

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Presentation Transcript
pamsa s role
PAMSA’s Role
  • To promote the interests of the industry in various forums.
  • To provide a forum for the development and presentation of a common industry view on issues.
  • To coordinate activities common to the industry.
traditionally
Traditionally
  • PAMSA’s activities are primarily in the following areas:
  • Government
  • Industry promotion
  • Education
  • Technical
  • Environment
representation
Representation
  • Combined Turnover in 2009 – R 20,8 billion out of RSA Turnover of R 21,4 billion – 97%
  • Combined Production in 2009 – 5,0 mtpa out of RSA Production 5,1 mtpa – 98%
  • Combined Forex in 2009 – R 14,4 billion out of RSA R 14,8 billion – 99%
  • Sector Contribution to GDP – 0.99%
  • Sector Combined Employment – 170 025, 129 244 Direct
price development
Price Development
  • Source – US Energy Information Administration
quo vadis
Quo Vadis?
  • Problems
  • Demand does & will continue to exceed Capacity
  • DSM will reduce some of the demand but is insufficient to balance the equation, will not provide funding for capacity increases & ‘rewards’ the savers with increased tariffs due to revenue shortfalls
  • Plant is reaching the end of its Economic Life & needs replacing
  • Solutions
  • Decide on whether Eskom is a Parastatal or not.
  • Low or zero-rate loan to be provided centrally
  • Reduced return on equity rate.
  • Review existing export agreements
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