Stage 8 load-shedding will be "regular event" without government support – Eskom

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MyBroadband Newsfeed
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Stage 8 load-shedding will be "regular event" without government support – Eskom

Eskom Holdings SOC Ltd. warned that its maintenance plan must be supported by the government or South Africa can expect regular blackouts from power cuts of 8,000 megawatts by mid-2021, a move that would cripple the economy.

Shortly after taking up the role in January, Chief Executive Officer Andre de Ruyter said more planned power outages, known locally as load-shedding, will be necessary for the next 18-24 months so the company can catch up with deferred maintenance.

[Bloomberg]
 

fruitbat

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Thought peeps are going to start pumping energy back into the grid soon
 

Quicks

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Another random? Please we need another 10 billion to keep the lights on!

While you at it why not take the pension money from every ESKOM employee already!
 

wingnut771

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it's because of government "support" that we are in this predicament in the first place.
 

Jake45

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If the coronavirus takes hold in Soweto I think that government will have to provide free electricity to all of the residents to prevent a catastrophe. Cold weather coupled with inadequate heating could see infections multiply rapidly and create a wasteland. The financial implications of increasing the Eskom debt burden will also be dire but there doesn't appear to be any other option at this stage.
 

quovadis

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How about those who were paid to deliver the shiny new power stations pull finger? 9MW of extra capacity not available, years late and over budget due to incompetence.
 
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bromster

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Do it! Just do it already! Bring on stage 8 you idiots!

This is just fear mongering to get free money. Put Eskom into business rescue like you did SAA.
 

Nemoneiros

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Stage 8 load-shedding will be "regular event" without government support – Eskom

Eskom Holdings SOC Ltd. warned that its maintenance plan must be supported by the government or South Africa can expect regular blackouts from power cuts of 8,000 megawatts by mid-2021, a move that would cripple the economy.

Shortly after taking up the role in January, Chief Executive Officer Andre de Ruyter said more planned power outages, known locally as load-shedding, will be necessary for the next 18-24 months so the company can catch up with deferred maintenance.

[Bloomberg]
Hmmm. Newsfeed and credibility
 

Temujin

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will be necessary for the next 18-24 months
Was 18 months a couple months back, now you slip in the -24 and think we don't notice :sneaky:
could end power cuts within two years
Deja vu... where have I heard this before:unsure:
 

Moto Guzzi

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Stage 8 load-shedding will be "regular event" without government support – Eskom

Eskom Holdings SOC Ltd. warned that its maintenance plan must be supported by the government or South Africa can expect regular blackouts from power cuts of 8,000 megawatts by mid-2021, a move that would cripple the economy.

Shortly after taking up the role in January, Chief Executive Officer Andre de Ruyter said more planned power outages, known locally as load-shedding, will be necessary for the next 18-24 months so the company can catch up with deferred maintenance.

[Bloomberg]

It now appears the load shedding is a low level way unabstract to ask for money, as opposed to the years of high level abstract corruption taking money, from the one sick extreme to the other.
 

TEXTILE GUY

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One wonders if constant load shedding or poor maintenance ..... or whatever the bleat de jour is with Eskom ..... would these types of disruptions and excuses still be an issue if 1. power generation were privatised 2. thre were more than three vendors to choose from?
 

netstrider

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Get duckef Eskom!

Every time Eskom asks for cash the Government should push a billion into renewable energy.
 
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