Bad news to start this Wednesday: Eskom will escalate load shedding to stage 4 at 9am, suggesting a significant deterioration in its generating fleet.
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Eskom will continue power cuts until 5am on Saturday after many of its power plant units broke down on Monday and are now under repair.
Load shedding has struck again. Eskom will cut the power on a rolling basis across South Africa at stage 2 from 5pm on Monday afternoon.
Eskom has decided not to replace the steam generators at unit 2 of the Koeberg nuclear power station as planned this year over fears it could contribute to winter power cuts.
Government intends to make it mandatory for all metal traders to get licences and prevent them from dealing in cash.
Energy regulator has granted Eskom an overall average tariff increase for the 2022/2023 financial year of 9.61%.
Government plans to restructure Eskom’s debt before elections in 2024, and will only provide additional support if the company sells assets and cuts jobs, finance minister Enoch Godongwana said.
Eskom is considering selling distribution assets as prospects of the government taking over about half of its R392-billion obligations dim, sources said.
A revised Integrated Resource Plan is needed, especially in view of the rapid developments in energy-generating technologies. By Hartmut Winkler.
Eskom and the department of trade, industry & competition are tussling over who will get the $8.5-billion promised to help South Africa transition away from coal.