Eskom has blamed an “internal fault” for a transformer explosion that has knocked out unit 8 of the Camden coal-fired power station.
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Eskom said on Monday it had executed the separation of its transmission division, subject to certain conditions, in line with an end-December deadline.
Eskom will make available large tracts of land it owns in Mpumalanga to investors wanting to build private power generation plants.
Eskom made a R9.2-billion net profit in the six months to the end of September, far higher than the R200-million in the year earlier period.
Emission control regulations that government wants to impose on Eskom’s power stations will lead to crippling load shedding, the utility said on Tuesday.
Hybrid warfare is gaining traction globally as the preferred option for conducting malicious statecraft in the grey zone between peace and war.
Eskom chief financial officer Calib Cassim has confirmed that Eskom has applied for an average tariff increase of 20.5% for the next financial year.
Those units in Eskom’s coal fleet that do work are being utilised at a rate of more than 90% versus an international benchmark of 70% – and that concerns lenders, an energy expert has said.
Eskom will implement rotational power cuts from 9pm on Saturday due to “generation capacity constraints”.
Eskom sees an opportunity to emerge from years of crisis by shifting from coal-fired power generation towards natural gas and renewables, its CEO said.