The recovery of South Africa’s two biggest state-owned companies relies on one common component.
Author: Paul Burkhardt
Nersa has distanced itself from criticism by one of its senior officials over the body’s handling of electricity tariff increases.
Eskom plans to compete with private power developers by replacing coal with cleaner technologies over the next decade.
Eskom plans to bring coal and nuclear units online before 2025 that will improve the proportion of available generation capacity.
Eskom CEO Dan Marokane said the utility needs to intensify its recovery and add clean energy stations.
Average monthly capacity additions from February to April dropped to 26MW from 97MW a year ago.
Eskom needs to run some coal-fired plants for longer than their planned retirement deadlines, its CEO said.
South Africa is enjoying a rare streak of uninterrupted electricity right before elections, drawing more suspicion than praise.
Eskom is in talks with government over private and foreign options to fund a huge expansion of its transmission network.
The country needs to build and fund a R390-billion expansion of the national grid so it can connect more power plants.