This is a new record, Eskom confirmed. Massive outages triggered Stage 6 over the weekend, and Eskom warned of further stages of load shedding. South Africa is ...
READ This is a new record, Eskom confirmed. A total grid collapse would be a dystopian nightmare](https://www.news24.com/fin24/opinion/nick-hedley-a-total-grid-collapse-would-be-a-dystopian-nightmare-20230220)
The power utility said that the heavy rain was causing a coal shortage, resulting in the further breakdown of some of its generating units.
Eskom said that changes to the current level of power cuts might be announced at a moment's notice, due to the severe pressure on the power grid. The power utility announced the return of stage 6 load shedding from 8pm on Sunday until 5am on Monday, where it would be reduced to stage 4 until further notice. The power utility said that the heavy rain was causing a coal shortage, resulting in the further breakdown of some of its generating units.
The economy faces an unprecedented scenario where not only food security remains under threat but mobile networks, decreased productivity and a bleeding ...
“The three running units are operating at minimum capacity and are at risk of a shutdown should the coal supply constraints not be resolved. Eskom announced it would continue power cuts at Stage 6 load shedding until further notice, due to the breakdown of eight generation units on Sunday afternoon. Eskom announced it would continue power cuts at Stage 6 load shedding until further notice, due to the breakdown of eight generation units on…
Outages scheduled for maintenance (3 566 MW) account for only 14% of the generation capacity that is currently offline. The remaining capacity of 21,243 MW is ...
Also read: Eskom implemented stage 6 until further notice after eight generating units broke down on Sunday.
Like a rash that just won't go away, Eskom announced late last night that it was ramping up to stage 6 load shedding 'until further notice'. But...
At the rate things are going, that seems more likely than not. Eskom blames heavy rain in the area as the culprit saying the New Vaal mine hasn’t been able to provide enough coal. [ESP](https://stuff.co.za/2021/12/13/how-eskom-se-push-became-sas-most-useful-app/), you probably knew that already.
Units broke down at Arnot, Hendrina, Lethabo, Majuba and Camden power stations. In a statement, the state-owned utility provider noted two generating units at ...
7-9.30pm 11am-1.30pm 7-11.30pm 11am-3.30pm
This as the power utility has buckled under the pressure of the breakdown of some eight power generation units at power stations and coal supply challenges.
“Given the high number of breakdowns, there is a possibility of further changes of the stage of load shedding at short notice. A further update will be published as soon as any significant changes occur,” Eskom said. “Further, two generating units at Lethabo power station were shut down due to coal constraints as the New Vaal Mine that has been supplying the station has been unable to deliver the expected amount of coal during the past week because of heavy rains,” Eskom said.
The North Gauteng High Court in Pretoria has granted a preservation order freezing a slew of properties and vehicles that were allegedly bought from the ...
In November last year a preservation order was granted to freeze a luxury property in Silver Lakes Estates, Pretoria, a Mercedes-Benz Viano and Chevrolet Utility belonging to Moyo and her husband. Kusile is the only coal-fired power station in Eskom's fleet that is still under construction. Moyo's pension benefits were frozen in September last year, pending the conclusion of its investigations. The NPA and SIU said on Monday that in respect of the latest preservation order, the two entities will now seek a forfeiture order, which means the properties can then be sold at a public auction and the money will be returned to Eskom. "Former Eskom... "The preliminary investigations by the SIU revealed that Eskom, in respect of this case, lost almost R400 million from the unlawful tender which was granted to the vendor," the NPA and SIU said in their joint statement.
The state obtained an order to preserve the luxury assets belonging to individuals implicated in corruption at Eskom's Kusile power station.
Tamukelo is currently going through a deregistration process, and this does not shield the company and its directors from accountability. This court action put a stop to the sale. It allegedly made various payments to the benefit of various current and former Eskom officials, including - VW Polo Vivo, registered in the name of Phuwanda. Casambo Property Development have listed the commercial property for sale at a reduced price of R3 000 000. - Hilux 2,5D-4D 4X4, registered in the name of Mwakasambo. - VW Polo Vivo Blue Line, registered in the name of Phuwanda. - A house in Stonehenge Ext 1 Mbombela, registered in the name of Muzi Sambo. - Subaru Impreza, registered in the names of Zenzile Sanderson. “The evidence obtained to date has revealed offences in terms of section 3 (a) and section 3 (b) of the Prevention and Combating of Corrupt Activities Act, 2004 (Act 12 of 2004) (‘PRECCA’), a pattern of racketeering activities as envisaged in section 2 (1) (a) (i) of POCA and money laundering in terms of section 4 (a) and (b) of POCA by, inter alia Duduzile Moyo and Tamukelo.” “The SIU’s findings implicate the members and representatives of Tamukelo Business Enterprises in allegations of serious maladministration and corruption. [joint statement](https://www.npa.gov.za/) on Monday, the AFU and the SIU said the preservation orders were a result of an SIU proclamation originally issued in 2018 to conduct an investigation into the affairs of [Eskom](https://www.citizen.co.za/tag/eskom/).
AFU and SIU secure another preservation order in matter related to corruption at Eskom's Kusile Power Station. The Pretoria Asset Forfeiture Unit (AFU) of ...
Once a forfeiture order is granted, the properties will be sold at a public auction and the proceeds returned to Eskom. Former Eskom employee, Duduzile Babalwa Moyo received payments or benefits of more than R24,5 million, which were paid from Tamukelo Business Enterprise for the transportation of raw and potable water from Kendal Power Station to Kusile Power Station. SIU’s findings implicate the members and representatives of Tamukelo Business Enterprises.
The power utility said that the review process is underway and is currently sitting with regulators and industry, and it will look at different stages of load ...
The project is on track to be completed by the end of June. In addition to this, Unit 1 of the Koeberg Nuclear Power Station is on an outage to extend its life by 20 years. This is largely thanks to load curtailment during time of high demand. He added the there were some diesel constraints over the weekend which caused issues – but these have been resolved. This has led to 2,160 MW being offline. He said the reason load shedding is implemented to protect the system from a total blackout and collapse, and the national operator has assured that there is a very low probability of a total blackout.
South African state utility Eskom expects to implement "Stage 6" power cuts until the peak electricity demand hours on Wednesday evening, ...
Furthermore, coal constraints and a boiler tube leak at Lethabo Power Station resulted in another 2,100MW being unavailable. Lastly, Eskom was performing ...
De Ruyter also listed some of the significant contributors to the generation shortfall: De Ruyter said that Eskom expected to return about 3,000MW of generation on Monday, followed by 2,000MW on Tuesday, Wednesday, and Thursday. Eskom has revealed the load-shedding stages it plans to implement for the rest of the week.
Finance minister Enoch Godongwana faces the task of incorporating a credible debt-relief plan for Eskom in the national budget while stabilising government ...
More than half the economists surveyed see the shortfall swinging to a surplus in 2025, a year later than the treasury previously forecast. Record blackouts will complicate Godongwana’s efforts to convince markets that key fiscal metrics, including the budget gap and primary balance, will improve. But it will also add to the state’s overall debt burden of almost R5-trillion and to its debt-service costs, the fastest-growing expenditure line item for about a decade. Godongwana has previously said national treasury will make relief contingent on Eskom meeting performance targets and the transfer of funds will be staggered. The minister said in October that the state will absorb between a third and two-thirds of Eskom’s liabilities of about R400-billion. Nine of 17 economists surveyed by Bloomberg reckon the government can afford to assume half the utility’s loan obligations without compromising efforts to reduce the budget deficit and rein in debt.
Finance Minister Enoch Godongwana faces the task of incorporating a credible debt-relief plan for Eskom in the national budget while stabilizing government ...
Transnet, which has [breached its debt covenants](https://www.bloomberg.com/news/articles/2023-01-12/south-africa-s-transnet-is-at-mercy-of-banks-godongwana-says), is also likely to receive a bailout, according to 71% of the economists polled by Bloomberg. But it will also add to the state’s overall debt burden of almost R5 trillion and to its debt-service costs, the fastest-growing expenditure line item for about a decade. Record blackouts will complicate Godongwana’s efforts to convince markets that key fiscal metrics, including the budget gap and primary balance, will improve. Pay concessions for civil servants and increasing welfare payouts may also weigh on the spending framework as the ruling ANC tries to shore up support before elections next year. Nine of 17 economists surveyed by Bloomberg reckon the government can afford to assume half the utility’s loan obligations without compromising efforts to reduce the budget deficit and rein in debt. The minister said in October the state will absorb between one- and two-thirds of Eskom's liabilities of about R400 billion.
Enoch Godongwana, South Africa's finance minister, speaks during an interview following the mid-term budget in Cape Town, South Africa, on Wednesday, ...
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The call will be followed by a series of meetings with fixed income investors in Cape Town, Johannesburg, New York, Boston and London.
The global investor call is scheduled for Wednesday at 4pm local time, shortly after finance minister Enoch Godongwana delivers his annual budget speech, according to a Treasury statement posted on the stock exchange news service (Sens) on Monday. Email [email protected] or call 0860 52 52 00. A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
JOHANNESBURG, Feb 20 (Reuters) - South African state utility Eskom expects to implement "Stage 6" power cuts until the peak electricity demand hours on ...
[said](https://www.reuters.com/world/africa/south-africas-eskom-ramps-up-power-cuts-stage-6-2023-02-20/) it would implement Stage 6 power cuts until further notice. JOHANNESBURG, Feb 20 (Reuters) - South African state utility Eskom expects to implement "Stage 6" power cuts until the peak electricity demand hours on Wednesday evening, its chief executive Andre de Ruyter said. South Africa's Eskom expects "Stage 6" power cuts until Wednesday
Eskom's fourth bout of stage six loadshedding for February is thanks to a confluence of bad weather creating wet coal...
“That would be a good start to the competitive bidding process in the electricity market to be rolled out,” said Etzinger. De Ruyter said they have asked the Forestry, Fisheries and Environment Minister to expedite the approval process. “We are just finalising legal contracting between ourselves and the other parties,” said Etzinger. The Emergency Generator Programme will only be triggered when the system is under severe constraints, and the participants would effectively be able to bid in. That should assist in reducing the overall cost of importing,” said de Ruyter. “It’s a combination of plants not performing as we want them to in terms of the reliability of the fleet, combined with specific incidents we’ve had lately,” said Conradie. “We are still going through the governance processes but are looking at the different stages of loadshedding. Pursuing an open-cycle combined gas project at Richards Bay would justify the creation of a floating storage regasification unit (FSRU). “There is a lot of coal at Lethabo in the stockpile, it’s just very wet. While Lethabo Power Station is usually one of the more stable Eskom power plants, they now have three units down thanks to coal supply issues and a boiler tube leak. Since the Drakensberg pumped storage scheme is connected to the Tugela river, it is not similarly constrained. But, they do have plans in place for what level 8 would look like.
Eskom says it will have a reliable amount of diesel supplies going forward thanks to loan guarantees from National Treasury.
“The balance of our fleet is old, it is unreliable, and consequently, when we then have incidents like we had at Lethabo, where we lost two units due to coal constraints, and then a further unit due to a boiler tube leak, then the shortfall in generation capacity becomes very urgent indeed. Outgoing CEO Andre de Ruyter says, “We have obtained the support of National Treasury to give assurance to the banks from whom we are borrowing money to buy the diesel that National Treasury will stand behind these loans. Now, we are intending to return some units to service, we are looking at Lethabo, unit four, five, and two, those are the three units that are out, and also a unit at Camdon.”
Eskom chief executive Andre de Ruyter said they were hoping to ease load shedding by Wednesday. The country is currently on Stage 6.
“By Thursday, we will start phasing down the stages. He said they were intending to return units at Lethabo and Camden to service at least by the end of the week. “The three running units are operating at minimum capacity and are at risk of shutdown should the coal supply constraints not be resolved,” Eskom said in a statement.
Eskom loses half of its power-generating capacity, opening risks for longer cuts which will entail more than half the day with no electricity.
The three running units are operating at minimum capacity and are at risk of shutdown should the coal supply constraints not be resolved,” Eskom said. These facilities can restore energy to a power station and help the network recover from a shutdown. Eskom uses the rotational power cuts to maintain a balance between demand and power generated. However, De Ruyter said Eskom would ensure that approximately 1 628MW of generation capacity — currently offline for repairs — was returned to the system by winter. Eskom reported breakdowns amounting to 21 243MW of power, close to half of the installed capacity of its 48 000MW, which is the amount of electricity it can produce. It said the power station’s three running units were at risk of shutting down if coal supply constraints were not resolved.
Eskom has confirmed that it is in the process of reviewing the current framework that governs loadshedding amid renewed concern that the State-owned utility ...
“We are currently in the process of reviewing the document that governs loadshedding, NRS048-9, which is a Nersa document … [coal](/topic/coal) quality or [coal](/topic/coal) handling problems. [Eskom](/topic/eskom) need to move beyond Stage 8. [system](/topic/system) operators office Isabel Fick confirmed that [Eskom](/topic/eskom) was in the process of reviewing the loadshedding framework, which is outlined in a National [Energy](/topic/energy) Regulator of South [Africa](/topic/africa) (Nersa) document. [system](/topic/system). [Eskom](/topic/eskom) was forced to implement higher stages of loadshedding.
Analysts say it could be a move to calm market jitters ahead of Wednesday's budget speech, in which it is widely expected that finance minister Enoch Godongwana ...
Email [email protected] or call 0860 52 52 00. Analysts say it could be a move to calm market jitters ahead of Wednesday’s budget speech, in which it is widely expected that finance minister Enoch Godongwana will unveil plans to transfer a portion of Eskom’s R422bn debt load to the state’s balance sheet... To start dissipating hatreds, it’s vital to understand the roots of the oldest conflict in history
The current energy availability factor is just over 53%, and Eskom's board ambitiously sought to raise it to 60% by the end of the financial year, ...
JOHANNESBURG – Ailing power utility Eskom on Monday assured South Africans that it does not anticipate escalating load shedding beyond stage six.
But, of course, the system has an inherent lack of reliability and that gives us the need to plan for these unforeseen events," said the utility's CEO Andre de Ruyter. The current stage 6 rolling power cuts were implemented after eight generation units broke down.
It said that despite the defence force not having any powers to arrest these suspects, there had been significant progress in reducing crime as the utility ...
It said that despite the defence force not having any powers to arrest these suspects, there had been significant progress in reducing crime as the utility was not as vulnerable anymore. "However, we still need to get to the higher echelons of these syndicates and this is where we anticipate that some of the intelligence we are sharing with the SSA as well as with Crime Intelligence that this will start to bear fruit."
The code addresses not only the power system requirement, but also how this is done and communicated so as to have the least negative impact on critical ...
“The impact of a protracted Stage 8 will be tremendous on industry, commerce, agriculture and mining. At this point, we do not anticipate that there is a risk of going beyond Stage 8,” De Ruyter said. “That is part of our contingency planning in place. This is a Nersa (National Energy Regulator of South Africa) document that is also being put to the industry and it is thus still going through governance processes,” Fick said. But we do not anticipate that at this stage,” she said. “Yes, we are still looking at different stages of load shedding.
Departing Eskom CEO André de Ruyter. Picture: DEON RAATH. Eskom will struggle to achieve the improvement it is hoping for in the performance of its power ...
But the efforts of its management to fight crime and corruption in its supply chains are starting to deliver results. Email [email protected] or call 0860 52 52 00. Eskom will struggle to achieve the improvement it is hoping for in the performance of its power stations by the end of its financial year in March.
Well, the tariffs weren't forthcoming because of political pressures, which left Eskom with a ballooning and unsustainable debt position it is in today. In such ...
Stage six load-shedding, that we are seeing once again, has much to do with the company’s ability to service its operations — they are dying right before our eyes. (Rather simplistic and very simplistic: a rights issue is basically when a company that has say 100 shares valued at R20, releases a further 10 shares for its existing shareholders to buy at R15, thereby raising an additional R150 for the company to settle debt or buy new equipment.) Well, the tariffs weren’t forthcoming because of political pressures, which left Eskom with a ballooning and unsustainable debt position it is in today.
The Democratic Alliance is calling for Eskom to be privatised as South Africa's electricity crisis deepens to historic levels.
During his alternative budget speech, the DA's Finance MMC Dion George said the party is opposed to offloading Eskom's substantive debt onto the national fiscus. READ: During his alternative budget speech earlier, the DA's Finance MMC Dion George says the party is opposed to offloading Eskom's substantive debt onto the national fiscus.