Eskom’s board has approved a new fleet renewal strategy based on the economic viability of a station as opposed to a purely age-based decommissioning of power stations.Eskom said on Monday that to ensure reliable supply of electricity and no
Browsing: Nersa
Eskom is ramping up efforts to improve its finances, with new agreements with defaulting municipalities and improved revenue collection from prepaid meters in Soweto. It’s been a year since Eskom started its tough stance against municipalities that
The Organisation Undoing Tax Abuse said Thursday’s court decision to dismiss with costs its urgent application to interdict Eskom from implementing the approved tariff increase by 9,4% on April 1 2016 would not deter it. “Setting aside the urgency of our
Eskom CEO Brian Molefe on Wednesday retracted his previous statement that the lower tariff hike granted by energy regulator Nersa would lead to load shedding this year. Eskom issued a statement
Eskom had a debt of R333bn at the end of last year, according to a written parliamentary reply by public enterprises minister Lynne Browne. The power utility’s approved borrowing programmes
The risk of load shedding could increase as a result of energy regulator Nersa’s decision to only give Eskom half of its required tariff increase on Tuesday. Eskom CEO Brian Molefe said the decision to only approve a 9,4% electricity price increase
National energy regulator Nersa has given two main reasons for granting Eskom a 9,4% tariff increase for the 2016/2017 financial year. The hike will kick on 1 April. In terms of sales, Eskom applied for
Energy regulator Nersa approved a 9,4% electricity hike for 2016/2017 on Tuesday. Eskom submitted an application to Nersa in November last year to recover R22,8bn, which the utility said it used to avert load shedding. The decision comes after extensive
Energy regulator Nersa has postponed its announcement on the Eskom tariff hike decision until Tuesday, following finance minister Pravin Gordhan’s swipe at the power utility on Wednesday. Gordhan said at his press briefing ahead of his
Eskom believes that its experiences over the past few years will assist it in making better decisions on how to keep the lights on. “We have become wiser in our risk management approach. You can only do that with the benefit of hindsight. We have learned, and today we do things differently