Eskom and French funding agency Agence Française de Developpement (AFD) on Monday morning signed a R2,3bn credit facility agreement to finance Eskom’s distribution projects in the Eastern Cape, KwaZulu-Natal and Limpopo. Eskom said the loan
Browsing: Eskom
A day after reassuring the country that Eskom plans to avoid load shedding in the foreseeable future; it celebrated its 100th day without cutting power supply on Tuesday. The backlog in the maintenance programme of its ageing power plants is making steady progress, improving
Eskom CEO Brian Molefe says although this year’s summer is expected to be hotter than last year’s, the power utility plans to meet demand for electricity 100%. He said on Monday the
An energy sector leader recently observed that the electricity crisis in South Africa is maturing (perhaps like cheese) from generation capacity problems to issues of electricity prices, tariffs
Eskom on Thursday submitted an application to the National Energy Regulator of South Africa (Nersa) to recover R22,8bn which the utility used to avert load shedding. “We spent money on acquiring diesel and electricity… When we overspend on
It has been an eventful year in South Africa, characterised by power cuts, parliamentary confrontations about wasteful expenditure and student fee protests. There has, however, been an elephant in the room that has impacted all these issues but enjoyed surprisingly scarce attention
There is an urgent need to build more nuclear power plants in South Africa, Eskom CEO Brian Molefe said on Wednesday. “We do not think it is possible to have an energy mix without nuclear
There likely will be no load shedding until at least May 2016, Eskom CEO Brian Molefe said on Wednesday. While maintenance on Eskom’s ageing fleet has been increased, the power utility
The precarious state of Eskom’s finances threatens to hinder the growth of the renewable energy sector in South Africa, just when it is needed most, Steve Sawyer, secretary general of the Global Wind Energy Council said at the opening of the Windaba in Cape Town on Wednesday
Government proposes to use a R2bn portion from its sale of Vodacom shares for South Africa’s initial capital contribution to the New Development Bank. The share sale is expected to yield