Load shedding is unlikely this summer, and Eskom may be getting closer to announcing an end to the rolling blackouts.
Browsing: Medupi
A sustained maintenance drive has brought units at Medupi and Kusile back online, bolstering Eskom’s energy availability factor.
The country needs to build and fund a R390-billion expansion of the national grid so it can connect more power plants.
Imagine if you could build a Medupi’s worth of new electricity generation without spending a cent of public money.
A plan to split Eskom into three units envisions most of the company’s R439-billion debt being allocated to generation.
The presidency says South Africa is moving quickly from a centrally planned energy system to a decentralised, liberalised electricity market.
The R135-billion Medupi power plant won’t ever make a profit because of delays, design defects and increasing opposition to coal-fired electricity generation, one of its funders said.
It will cost R2.5-billion to fix the Eskom generating unit that exploded at the Medupi power station last August.
Eskom expects the consumer to pay for the long-term damage of its bungling of the Medupi and Kusile power station projects, says the Association of South African Chambers.
South Africa faces a record year for power outages after an explosion damaged one of Eskom’s newest coal-fired generation units.