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.
Browsing: Mike Rossouw
An acceleration in economic growth in South Africa could trigger power cuts, with state utility Eskom’s fragile generation system unable to respond to increased demand for electricity.
Three short years at the helm. This is all it took for outgoing CEO Brian Dames to bring his decades-long career at national power utility Eskom to a close. Dames, who was appointed as CEO in 2010, and his erstwhile finance director Paul O’Flaherty, appointed in 2009, were the men brought
South Africans rejoiced when the National Energy Regulator of South Africa (Nersa) awarded Eskom just half the tariff increase it had applied for in February this year. But in the power utility’s annual report released on 10 July, Eskom said it would respond to its funding problem by holding off
Both Eskom CEO Brian Dames and public enterprises minister Malusi Gigaba may have shied away from saying that load shedding is on its way, but analysts and people working in the industry believe it is a very real possibility, given that our electricity system is running with almost no reserves
Independent power producers could provide more than 60GW of conventionally produced electricity, according to the department of energy. This is nearly twice the total capacity now produced by Eskom – and it could be brought to market for far less than what