poweralert....

[wingnut771]

diesel seems to be done, guess thats why they asking banks for 4 billion rand loan to burn some more

what bank is stupid enough to lend eskom money? what company is stupid enough to bankrupt itself burning all the diesel in the world?

 

[DarkSt0rm]

what bank is stupid enough to lend eskom money? what company is stupid enough to bankrupt itself burning all the diesel in the world?

If there are assets to reposses there is money to lend lol. Also, wasn't it treasury who was coughing up the dosh?

 

[wingnut771]

If there are assets to reposses there is money to lend lol. Also, wasn't it treasury who was coughing up the dosh?

if treasury is coughing up, why is eskom trying to borrow money?

 

[DarkSt0rm]

if treasury is coughing up, why is eskom trying to borrow money?

Just read the headline so assumed. Yeah they are borrowing from banks

The stand-off between Eskom and the National Treasury over funding for diesel has ended with an agreement that government will support Eskom borrowing from commercial banks, should it be unable to reprioritise its own resources.

 

[The_Librarian]

And more debt for us plebs

Yay.


Not.

 

[Jam Sandwich]

And more debt for us plebs

Yay.


Not.

NERSA approves EKsdom 32% increase for consumers in 2024....

 

[wingnut771]

NERSA approves EKsdom 32% increase for consumers in 2024....

us plebs burn down NERSA in 2024....

 

[CrypticZA]

us plebs burn down NERSA in 2024....

And ICASA while we at it?

 

[wingnut771]

And ICASA while we at it?

If there is no Starlink by then, sure why not...

 

[Brian_G]

Careful, the SA army may be monitoring you..

 

[wingnut771]

Careful, the SA army may be monitoring you..

There probably won't be any money left for diesel by then.

 

[Brian_G]

There probably won't be any money left for diesel by then.

Was joking :- )

As for diesel funding, anc vote needs will keep that going.

 

[wingnut771]

Was joking :- )

As for diesel funding, anc vote needs will keep that going.

and yet they are begging the commercial banks.

 

[Brian_G]

and yet they are begging the commercial banks.

Sure, and they'll get the loans. Worst case they'll turn to their IMF friends.

Horrible reality, but does buy everyone time.

 

[RunningFromFat]

What sux about this is all my friends are finally on the same LS duration and timeslot. and I am the only one that is offgrid...

Small bragger hey?

 

[Magnum]

Small bragger hey?

No when you start up Discord and it is empty. Steam. Not a single friend online out of 106.

 

[Vox Populi Vox Dei]

Lol. Highest EAF is our peaking stations. Eish. A bit unfair on Koeberg but I guess it's true. Note that Koeberg is still beating many of the coal stations though.

https://twitter.com/x/status/1619260255304663041

 

[vaakseun]

Yeah, Koeberg is currently undergoing life extension upgrades, so not really a valid representation of it's true EAF.

Hendrina and Duvha's EAF's are so bad, might as well shut them down. But then again, maybe they are undergoing extensive maintenance currently?

 

[wingnut771]

Of a design capacity of 4800MW:


So the EAF is actually 14.85% and 43.2% respectively.

 

[zll]

Lol. Highest EAF is our peaking stations. Eish. A bit unfair on Koeberg but I guess it's true. Note that Koeberg is still beating many of the coal stations though.

https://twitter.com/x/status/1619260255304663041

I imagine if Koeberg wasn't undergoing such high maintenance it would be a different story. Some of our coal stations are basically dead though. If I had a tool that only worked 30% or less of the time I would throw it out and buy a new one. Sadly, you can't do that with coal power stations, but you get my drift.