Browsing: Nersa

Eskom will implement stage two rolling blackouts on Thursday, the power utility said. “This is due to a shortage of generation capacity as several units are currently out of service due to planned and

Stage two rolling blackouts were scheduled for Wednesday, Eskom said. “Eskom will implement stage two load shedding from 4pm today, which is likely to continue until 10pm this evening,” the power utility said in a statement. “This is due to a shortage of generation

The resignation of the National Energy Regulator of South Africa CEO Phindile Baleni will lead to hikes in the electricity price, the Democratic Alliance said on Tuesday. “Sadly, Ms Baleni’s resignation now heightens the

Eskom may be unable to avert an energy crisis, but South African households and businesses can generate power on their rooftops at a cost per kilowatt that rivals that of megaprojects such as Medupi or Kusile, without subsidies or incentives. The cost of rooftop solar photovoltaic

Power utility Eskom is 21 days from going broke, the minister of public enterprises has confirmed. “Eskom will run out of money by the end of January,” minister Lynne Brown said this week. Brown confirmed the “pressure on the company’s liquidity

A plan is in the making for Eskom’s financial and operational recovery, public enterprises minister Lynne Brown said in Johannesburg on Tuesday. “Yesterday, the Eskom leadership and the leading global expert on the subject walked me through the very latest analysis of the road ahead,” she said. “The expert

Consumers will be hit with a 12,7% electricity tariff hike next year, the National Energy Regulator of South Africa (Nersa) announced on Friday. Nersa approved Eskom’s plans to recoup losses after it had under-recovered money during the multi-year-price-determination

Cabinet has approved a package to close the funding gap at Eskom, the national treasury said on Sunday. The package, approved at a special cabinet meeting in Cape Town on Thursday, would guarantee energy security and support gross domestic product growth, spokesman

The Democratic Alliance demanded answers from the government on Monday on what its bailout plan for the embattled state electricity utility Eskom will entail. Responding to Sunday’s announcement by cabinet that it had approved a funding package to help Eskom with its R225bn

Trade union federation Cosatu on Wednesday vowed to fight “to the bitter end” any attempts to privatise Eskom. “Cosatu is not surprised by media reports that there are moves within government to privatise Eskom,” spokesman Patrick Craven said in a statement. “This is a continuation of an agenda