Energy regulator Nersa said on Friday it will allow utility Eskom to recover R13.3-billion from customers for electricity supplied in the 2018/2019 financial year.
Browsing: Eskom
Net1, the company that used to manage the payment of social grants in South Africa, has appointed former Telkom and Eskom chairman Jabu Mabuza as chairman-designate of its board.
The City of Cape Town is awaiting a court ruling on whether it can buy its own electricity from suppliers other than national power utility Eskom without getting approval from the energy minister.
Eskom is seeking low-carbon solutions to repurpose the coal-fired stations that are scheduled for decommissioning, according to tender documents.
Energy regulator Nersa on Tuesday defended its decision to suspend its operations during the nationwide Covid-19 lockdown, a move that has surprised energy experts.
South Africa’s power utility warned coal suppliers it may halt purchases of the fuel because a nationwide lockdown to deal with the coronavirus pandemic has curtailed demand for electricity.
Eskom has declared force majeure – unforeseen circumstances that prevent the fulfilment of a contract – on one of its biggest coal suppliers, Exxaro Resources, setting the stage for possible legal action.
Independent energy producers were finally making headway in their bid to persuade government to revive long-stalled plans to buy more renewable power when they encountered a new obstacle: the coronavirus.
Eskom has told investors it doesn’t currently need to approach the government for more support, even as a Covid-19-related national shutdown slashes revenue.
As South Africa enters the seventh day of the nationwide Covid-19 lockdown, Eskom has announced that it will double maintenance work at its plants.