This winter’s power cuts are likely to be dramatically reduced compared to winter 2023, Eskom CEO Dan Marokane said.
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Eskom board chairman Mteto Nyati has said the new load shedding structure by energy regulator Nersa is no cause for panic.
Eskom chairman Mteto Nyati said the current load shedding reprieve has nothing to do with the upcoming election.
Government must urgently end the crisis by shifting decisively towards a renewable energy economy.
South Africa will use future drawdowns to curb its debt burden, finance minister Enoch Godongwana said.
Eskom has not imposed rotational power cuts for more than three weeks, and doesn’t expect to do so for the foreseeable future.
Illegal power connections are syphoning off 37GWh of electricity per day from Eskom.
Eskom is in talks with government over private and foreign options to fund a huge expansion of its transmission network.
Eskom said it’s committed to a R67-billion plan to cut emissions.
A huge battery energy storage project has won “preferred bidder” status under a government procurement programme.