{"id":537553,"date":"2024-05-19T06:58:18","date_gmt":"2024-05-19T04:58:18","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=537553"},"modified":"2024-05-26T08:19:01","modified_gmt":"2024-05-26T06:19:01","slug":"eskom-turnaround-miracle","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/investing\/537553-eskom-turnaround-miracle.html","title":{"rendered":"Eskom turnaround miracle"},"content":{"rendered":"<p>Eskom has performed a remarkable turnaround with regard to its Energy Availability Factor (EAF), crossing 65% during this week.<\/p>\n<p>This is feedback from Chris Yelland, energy analyst and managing director of EE Business Intelligence, who outlined Eskom\u2019s impressive EAF improvement.<\/p>\n<p>The utility has managed to stave off load-shedding for over 50 days, beginning at the end of March.<\/p>\n<p>Many South Africans have been sceptical of this sudden improvement in Eskom\u2019s performance, especially with the general elections at the end of May.<\/p>\n<p>Chairman Mteto Nyati has been trying to convince the public that the utility\u2019s improved performance is sustainable and that Eskom is not playing political games.<\/p>\n<p>\u201cWe are not playing any political games. That is not who we are, and we are never going to start playing those games in the future,\u201d he has said.<\/p>\n<p>\u201cOur focus is to help sort out the challenges facing our country. There is absolutely no connection between the two things.\u201d<\/p>\n<p>Yelland agreed with Nyati, saying conspiracy theories suggesting there was political interference at Eskom to turn it into an electioneering tool \u201care way off the mark\u201d.<\/p>\n<p>\u201cA company like Eskom, with thousands and thousands of employees of all different persuasions, makes it very unlikely, if not impossible, to sustain a secret conspiracy of this nature.\u201d<\/p>\n<p>\u201cThis would be obvious to people working there and living in the neighbourhood.\u201d<\/p>\n<p>However, he does think the elections had something to do with Eskom\u2019s recent change in behaviour and improved performance.<\/p>\n<p>Because South Africa was plunged into near-permanent load-shedding, Eskom became a political issue about a year and a half ago.<\/p>\n<p>\u201cThis issue demanded resolution because of the pending elections, which is good. It brought a sense of urgency to do what should always have been done,\u201d he told eNCA.<\/p>\n<div id=\"attachment_521331\" style=\"width: 1210px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/01\/Chris-Yelland-new-.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-521331\" class=\"size-full wp-image-521331\" src=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/01\/Chris-Yelland-new-.jpg\" alt=\"\" width=\"1200\" height=\"800\" srcset=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/01\/Chris-Yelland-new-.jpg 1200w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/01\/Chris-Yelland-new--600x400.jpg 600w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/01\/Chris-Yelland-new--800x533.jpg 800w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/01\/Chris-Yelland-new--768x512.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><p id=\"caption-attachment-521331\" class=\"wp-caption-text\">Chris Yelland, energy analyst and EE Business Intelligence MD<\/p><\/div>\n<p>In a social media\u00a0<strong><a href=\"https:\/\/x.com\/chrisyelland\/status\/1790984156538675590?t=WR6tbQET-jGqCH_Mmxq6Sg&amp;s=31\" target=\"_blank\" rel=\"noreferrer noopener\" data-type=\"link\" data-id=\"https:\/\/x.com\/chrisyelland\/status\/1790984156538675590?t=WR6tbQET-jGqCH_Mmxq6Sg&amp;s=31\">post<\/a><\/strong>, Yelland explained Eskom\u2019s turnaround further, using data to show the sustained decline in unplanned breakdowns and improved EAF.<\/p>\n<p>While Eskom\u2019s EAF is expected to improve going into winter as its seasonal maintenance conducted during summer winds down, its unplanned outages have been kept to a minimum.<\/p>\n<p>Yelland said the utility has managed to keep its unplanned breakdowns consistently five percentage points lower than that for the first 17 weeks of 2024.<\/p>\n<p>With units returning to service as Eskom winds down its maintenance, the utility\u2019s week-on-week EAF has shot up to over 65%, higher than the corresponding weeks in 2021, 2022, and 2023.<\/p>\n<p>Yelland described this turnaround as \u201ctruly remarkable\u201d, given where the utility has come from regarding its deteriorating performance.<\/p>\n<p>This indicates that Eskom has conducted more maintenance and that its repairs to units have been of higher quality.<\/p>\n<p>The utility has had a years-long problem of repairing units, only for them to trip shortly after returning to service due to poor maintenance quality.<\/p>\n<p>This appears to have been resolved, with Eskom collaborating with original equipment manufacturers (OEMs) to conduct better maintenance.<\/p>\n<p>Eskom\u2019s dramatic EAF improvement can be seen in the graph below, courtesy of Chris Yelland.<\/p>\n<p><a href=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/05\/Eskom-EAF-2021W2-2024W19.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-537555\" src=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/05\/Eskom-EAF-2021W2-2024W19.jpg\" alt=\"\" width=\"1618\" height=\"1116\" srcset=\"https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/05\/Eskom-EAF-2021W2-2024W19.jpg 1618w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/05\/Eskom-EAF-2021W2-2024W19-580x400.jpg 580w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/05\/Eskom-EAF-2021W2-2024W19-773x533.jpg 773w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/05\/Eskom-EAF-2021W2-2024W19-768x530.jpg 768w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/05\/Eskom-EAF-2021W2-2024W19-1536x1059.jpg 1536w, https:\/\/mybroadband.co.za\/news\/wp-content\/uploads\/2024\/05\/Eskom-EAF-2021W2-2024W19-1200x828.jpg 1200w\" sizes=\"(max-width: 1618px) 100vw, 1618px\" \/><\/a><\/p>\n<hr \/>\n<p><em>This article was first published by <strong><a href=\"https:\/\/dailyinvestor.com\/business\/51629\/eskoms-remarkable-turnaround\/\" target=\"_blank\" rel=\"noopener\">Daily Investor<\/a><\/strong> and is reproduced with permission.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eskom&#8217;s EAF has undergone a dramatic improvement, showing that the utility&#8217;s turnaround may be more sustainable than initially expected.<\/p>\n","protected":false},"author":341119,"featured_media":479333,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[80335],"tags":[10034,63681,74166,181,35,8487,3192],"class_list":["post-537553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-chris-yelland","tag-ee-business-intelligence","tag-energy-availability-factor-eaf","tag-eskom","tag-headline","tag-load-shedding","tag-mteto-nyati"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/537553"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341119"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=537553"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/537553\/revisions"}],"predecessor-version":[{"id":537559,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/537553\/revisions\/537559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/479333"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=537553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=537553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=537553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}