The procurement of power from independent producers will significantly increase investment in the sector. This will attract greater investment in energy and create much needed jobs. By Cyril Ramaphosa.
Browsing: Eskom
Eskom will buy at least 6.8GW of solar and wind power from independent power producers from 2022, energy minister Gwede Mantashe said on Friday in the Government Gazette.
André de Ruyter knew well the adversity he faced at South Africa’s power monopoly – a state-owned wreck hollowed out by corruption that struggles to keep the lights on, pay its bills and play ball with a unionised workforce.
A week after it announced it had attached a bank account belonging to the Matjhabeng municipality, which includes the Free State town of Welkom, Eskom has attached 139 farms belonging to the council.
South Africa’s economy will likely contract this year by more than the 7% previously forecast by the treasury, Finance Minister Tito Mboweni said in an opinion piece published on Sunday.
A conveyor belt at the giant Medupi coal-fired power station snapped on Wednesday night, prompted state-owned power utility Eskom to warn on Thursday morning of a high risk of load shedding.
There is a perception that load shedding would be far worse were it not for the disruption wrought by the Covid-19 pandemic and lockdown. It’s a myth. By Hilton Tarrant.
Eskom has attached a bank account belonging to the Matjhabeng municipality in the Free State, which includes the town of Welkom, in response to R3.4-billion in outstanding debt for the provision of bulk electricity.
Eskom has read the riot act to “apathetic” managers at its power stations, calling for an “urgent culture change” in the organisation, as the state-owned monopoly plunges the country into severe load shedding.
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