Eskom could run coal-fired stations for years longer than originally planned to allow more renewable power to be built.
Author: Paul Burkhardt
The Kusile power station in Mpumalanga will burn as much as 15 million tons of coal a year until it is eventually shut down in 2073.
South Africa’s crippling power cuts are approaching an annual record, and there are still six months to go.
Futuregrowth Asset Management, a South African fixed-income money manager with R193-billion of assets, is raising a fund to invest in start-ups.
Eskom said most of its workforce is in place following unlawful industrial action, though generation capacity has yet to improve.
South Africa’s plan to build gas-fired power plants has become outdated with renewables becoming cheaper, Meridian Economics has found.
South Africa’s record electricity cuts last year could rise 10-fold by 2026 unless the country rapidly adds generation capacity, Meridian Economics said.
African Rainbow Energy and Power is looking to boost renewable power generation to become one of the biggest clean energy providers in South Africa and Africa.
Talks between Eskom and its biggest labour unions on wages have reached a stalemate, the latest crisis for the electricity utility.
Government has signed power purchase agreements for 150MW of capacity from private projects by developer Scatec that were selected a year ago.