Eskom is hoping to keep load-shedding capped at stage 2 during winter as the utility marks a significant milestone of 30 days without power cuts, but the country is "not out of the woods" yet.
Eskom is hoping to keep load-shedding capped at stage 2 during winter as the utility marks a significant milestone of 30 days without power cuts. But it warned the country was "not out of the woods" yet.
The Presidency’s Just Energy Transition Project Management Unit maintains that despite the continued use of coal power plants and delays in renewable energy projects, South Africa remains focused on greening its energy sector in line with multilateral commitments.
President Cyril Ramaphosa has approved a memorandum of understanding entered into by public enterprises minister Pravin Gordhan and electricity minister Kgosientsho Ramokgopa to better clarify their respective responsibilities with respect to Eskom and the resolution of the electricity crisis.
Revenue rose to R158.6bn, a 9.5% increase on the R144.8bn in September 2022, due to the favourable effect of the 18.65% tariff increase for financial 2024, but this was insufficient to offset poor performance and higher costs incurred to run the diesel open-cycle gas turbines for extended periods.