Eskom’s shock decision not to enter into further power purchase agreements beyond the department of energy’s bid round 4.5 is in line with its earlier stance towards the renewable energy procurement programme and might impact investors, Ashburton
Browsing: Brian Molefe
Eskom CEO Brian Molefe on Tuesday challenged the South African economy to grow and create jobs and gave the assurance that Eskom will be able to supply the necessary electricity. At the quarterly “state of the system
Eskom is progressing well with the maintenance of its power generation plant, it said on Wednesday, adding that no load shedding has been implemented for over nine months. Energy availability is continuing to improve and now
Renewable energy has failed to provide energy when Eskom most needed it, CEO Brian Molefe said on Thursday. Speaking at its quarterly “state of the system” briefing in Cape Town, Molefe said renewable energy is like a very old cellphone. The
In five years, South Africa might have a surplus of electricity generation capacity, which it can export to neighbouring countries, Eskom CEO Brian Molefe said at the utility’s quarterly “state of the
There will be no load shedding this winter and next summer, Eskom CEO Brian Molefe said at a system status briefing in Cape Town on Thursday. He said the power utility does not anticipate load shedding for the 2016/2017 financial year
Despite multiple trips of units at three power stations stress-testing the power system, Eskom managed to avoid load shedding on Tuesday. The multiple trips of units resulted in a loss of 3,5GW and, in an effort to stabilise the power grid, Eskom used five diesel generators
Eskom is ramping up efforts to improve its finances, with new agreements with defaulting municipalities and improved revenue collection from prepaid meters in Soweto. It’s been a year since Eskom started its tough stance against municipalities that
Eskom CEO Brian Molefe on Wednesday retracted his previous statement that the lower tariff hike granted by energy regulator Nersa would lead to load shedding this year. Eskom issued a statement
Eskom had a debt of R333bn at the end of last year, according to a written parliamentary reply by public enterprises minister Lynne Browne. The power utility’s approved borrowing programmes