Load shedding, which Eskom had been expected to implement only during the evening peaks this week, will now be ramped up significantly.
Browsing: Eskom
South Africa’s plan to create a separate power transmission company has been hobbled by restrictive debt arrangements with parent Eskom.
After warning earlier on Monday that load shedding could be implemented at short notice, the inevitable has now happened.
South Africa’s plan to build gas-fired power plants has become outdated with renewables becoming cheaper, Meridian Economics has found.
Eskom warned on Monday of a high risk of load shedding, especially during the evening peak from 5pm, due to a “continued shortage of generation capacity”.
As government struggles to provide sufficient electricity, public transport and other basic services, the country’s main tourist hub is increasingly going it alone.
South Africa’s record electricity cuts last year could rise 10-fold by 2026 unless the country rapidly adds generation capacity, Meridian Economics said.
African Rainbow Energy and Power is looking to boost renewable power generation to become one of the biggest clean energy providers in South Africa and Africa.
Talks between Eskom and its biggest labour unions on wages have reached a stalemate, the latest crisis for the electricity utility.
Eskom said it will give the transmission unit that it’s transforming into a separate entity a R39.9-billion loan to make sure it can complete projects and be financially viable.