Eskom denies total blackout concerns amid widespread load shedding
South Africa has been struck by severe load shedding, although Eskom has denied that the country is facing a total blackout.
South Africa has been struck by severe load shedding, although Eskom has denied that the country is facing a total blackout.
Eskom has said a “deliberate act of sabotage” raised the risk of stage 6 load shedding in South Africa.
An international partnership will provide $8.5 billion over the next three to five years to support South Africa’s move to a low-carbon economy.
Eskom has cleared its CEO André de Ruyter of allegations made against him, with the complainant having been found guilty of poor performance and sacked.
Eskom has signed a memorandum of understanding (MoU) with Agence Française de Développement (AFD) on developing a more competitive – and lower carbon – electricity system.
Eskom expects to have acceptable amounts of power generation by late this year, but load shedding will continue meanwhile.
Eskom has launched an investigation into accusations of racism made against the CEO André de Ruyter.
Eskom has struck a deal with ABB under which the engineering company will repay 1.56 billion rand ($103.1 million).
Eskom and the Department of Mineral Resources and Energy (DMRE) have come out in support of the National Energy Regulator of South Africa’s (Nersa) plans to secure new power generation.
Eskom has set out plans for a new “philosophy maintenance”, under which its power plants will be serviced in line with how they were supposed to be, while also seeking cost savings and taking a harder line with lenders.
Eskom’s new CEO Andre de Ruyter has begun his tenure, faced with a major challenge of how to address the company’s debt load and power outs.