Eskom has shut down 11 power station units due for major maintenance because it lacks the funds to fix them.
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A forensic report into Eskom and Transnet found some executives and board members failed to act in the companies’ best interests and recommended criminal investigations against them.
State-owned power utility Eskom may be forced to implement controlled blackouts before the end of the year because of pressure on the national system, CEO Phakamani Hadebe said on Friday.
Eskom is considering a new operating model to move responsibility down the chain of command as the financially strapped utility seeks to cut costs and improve efficiency.
Eskom’s coal stockpile situation has deteriorated further, with five power stations having less than 10 days’ stock.
South Africa’s deputy energy minister expects the latest round of climate talks will make global markets cleaner starting next year and defended her nation’s coal use as a way to reduce poverty.
South Africa’s state-owned power utility has started consultations about possible job cuts for executives as the cash-strapped company looks to rein in soaring costs despite stagnant electricity output.
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.
South Africa has a lot going for it when it comes to renewable energy. But several factors stand in the way of its ability to move entirely away from coal.
South Africa’s recovery from corruption at its state-owned companies requires thorough reform and punishing those responsible, according to public enterprises minister Pravin Gordhan.