Eskom has implemented power cuts on 100 days in 2022, with more to come.
The troubled state-owned utility ramped up outages to stage-4 load shedding, where it removes 4GW from the grid, on Tuesday after three generation units at its Kendal coal-fired station about 100km east of Johannesburg tripped. The utility expects to reduce this to 2GW from Thursday until the end of the week. That will bring the total days of outages in the third quarter to 40.
Eskom is struggling to meet electricity demand because its old and poorly maintained power stations continually break down. The energy shortages are weighing on business confidence and output, and contributed to a 0.7% quarter-on-quarter contraction in the economy in the three months through June.
President Cyril Ramaphosa announced steps in July to encourage private power generation to supplement supply from renewable sources. Eskom chief operating officer Jan Oberholzer has warned that these plans may not deliver results for the next 12 months or so. — (c) 2022 Bloomberg LP