Eskom CEO André de Ruyter said that while he favours letting companies generate their own power, there will be significant initial costs if they are to sell their excess generation into the South African grid.
Browsing: Energy and sustainability
Eskom CEO André de Ruyter will this week present a draft plan to change how the utility operates, as media reported he’s considering unbundling the utility at a slower pace than envisaged by the government.
City Power, which distributes electricity to large parts of Johannesburg, wants be less reliant on Eskom in light of how intermittent load shedding and the rising cost of electricity have affected it.
Sikonathi Mantshantsha, a fierce media critic of Eskom, has been appointed as the company’s new national spokesman.
Power shortages cost South Africa as much as R118-billion last year, a drain on the economy that’s set to continue for two to three years unless urgent action is taken, a new study has found.
State-owned power producer Eskom will be the “death knell” for South Africa’s mining industry unless the government enables mines to produce their own electricity, according to Exxaro Resources CEO Mxolisi Mgojo.
Eskom has admitted it has a solution to its highly unreliable ageing fleet of coal power stations. This time, however, the plan is not the clichéd definition of insanity (which seems to have been the plan over much of the last decade).
The chairman of Eskom resigned from his post after the power utility resumed rolling blackouts earlier than expected in 2020.
In a statement on Friday morning, Eskom announced that it would stop stage-2 load shedding at 6am and would implement stage 1 until 11pm instead.
The World Bank is the first key institution to cut its economic growth forecast for South Africa to below 1% for 2020 due to electricity supply concerns.