Introducing EVs into the domestic market makes little sense while South Africa remains dependent on fossil fuels for power generation, a VW executive said.
Browsing: Eskom
Eskom has more than 24GW of generating capacity unavailable for use, with more than 19GW of that not available due to plant breakdowns.
France’s Engie expects to move forward with three South African solar projects this week.
“Stage-6 load shedding will be implemented from 12pm until further notice,” Eskom said in a brief statement on Twitter.
The NPA’s settlement with ABB over corrupt dealings at Eskom is a huge development in the effort to stamp out state capture.
Eskom CEO André de Ruyter said South Africa must encourage the rapid adoption of electric vehicles in South Africa, despite electricity supply constraints.
The Swiss engineering firm will pay reparations for its involvement in government corruption, the NPA said on Thursday.
The South African Reserve Bank has raised concern about the threat an inadequate and unreliable power supply poses to financial stability.
Finland’s Wartsila expects South Africa to face electricity outages for at least another decade unless it installs as much as $8-billion of gas-fired generation.
Eskom will dial back the severity of load shedding this week, with only stage-1 and stage-2 cuts expected in the coming days.