Eskom has shut down 11 power station units due for major maintenance because it lacks the funds to fix them.
Author Antoinette Slabbert
Eskom’s coal stockpile situation has deteriorated further, with five power stations having less than 10 days’ stock.
The Democratic Alliance announced on Monday that it will revive legislation to break Eskom’s monopoly on the generation and transmission of electricity by introducing a private member’s bill.
Eskom on Monday night narrowly averted load shedding despite a decline in peak energy demand compared to 2007 and the addition of more than 7.5GW of installed generation capacity over the last decade.
Struggling power utility Eskom is expected to submit an application to energy regulator Nersa for an average tariff increase of 15%/year for the next three years.
Eskom’s newly appointed group CEO Phakamani Hadebe put on a brave face when he announced that the group showed a R2.3-billion net loss and received a qualified audit opinion for the year ended 31 March 2018.
If trade unions accept Eskom’s latest wage offer, workers in the Eskom bargaining unit will receive above-inflation wage increases for the next three years. According to Solidarity deputy general secretary for energy
The country is facing load shedding due to the disruption of Eskom operations by striking Eskom employees. The management of the utility, which is at risk of losing its going concern status, earlier announced there
Eskom chairman Jabu Mabuza was almost apologetic on Thursday when he told journalists that the utility is proceeding with a court review of energy regulator Nersa’s decision to grant it a mere 5.23% tariff