Eskom has reached a milestone in its ongoing recovery plan; it’s something it hasn’t achieved for the past six years.
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Eskom plans to compete with private power developers by replacing coal with cleaner technologies over the next decade.
The Koeberg nuclear power plant will be allowed to run one of its two units for another 20 years.
Eskom said on Tuesday that it is resuming “load reduction” power cuts to “protect human life as a result of electricity theft”.
Energy minister Kgosientsho Ramokgopa has vowed to accelerate the shift to renewable energy, breaking with his predecessor.
President Cyril Ramaphosa on Monday welcomed last week’s milestone of 100 days without load shedding in South Africa.
Energy minister Kgosientsho Ramokgopa plans to secure funding approval soon for a 2.5GW nuclear power plant.
Eskom is set to publish figures showing a R15-billion annual loss, the Financial Times reported on Saturday.
There hasn’t been enough done to build renewable energy plants in South Africa, Dion George said.
Eskom has not implemented load shedding for 100 consecutive days, the longest period since late 2020.