Eskom said full-year profit surged as revenue increased by 11% and the South African power utility was able to avert supply cuts, raising sales to neighboring countries that have shortages. Profit was R4,6bn in the year to 31 March from R200m
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Illegal connections overloaded the electricity grid causing power outages across parts of Johannesburg this week, Eskom said on Friday. Eskom said communities should “refrain from connecting themselves illegally
The first unit of Ingula is going into commercial operation, supplying 333MW of power to the national grid during peak times. The energy utility’s group capital division handed over Ingula’s first unit (unit 4) to its generation division for commercial operation
Eskom took credit for accelerating the number of households connected to the electricity supply, after Statistics South Africa revealed on Thursday that levels increased “consistently from 77,1% in 2002 to 85,5% in 2015”. This came as Stats
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
It’s time to ditch old-fashioned concepts of energy access and embrace new technologies that can help propel South Africa into an era of universal access to electricity, according to PwC. In its report Electricity beyond the grid: accelerating access to
Eskom will spend R580bn on expanding electricity capacity over the next five years, according to Mongezi Ntsokolo, group executive for distribution at the power utility. Ntsokolo opened the
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