State-owned power utility Eskom on Wednesday said it was unlikely that there would be any load-shedding over the next seven months as the utility’s generation performance was starting to improve. The embattled utility had managed to avoid load-shedding…
Eskom confident of avoiding summer load-shedding but does not rule it out Read More »
South Africa’s pledge not to let Eskom Holdings fail is enticing yield-starved investors to the company’s dollar debt. Bondholders from New York to Seoul say they’re happy to hold onto the power company’s securities – and in some cases add to their hol…
‘Too big to fail’ makes Eskom debt a good bet in low-yield world Read More »
Eskom Holdings, the South African power utility struggling with almost $30-billion in debt, said it will take as long as three to five years to comply with the government’s plan to split the company into three separate units. President Cyril Ramaphosa …
Eskom tells senior managers unit separation to take 3 to 5 years Read More »
Economic growth in South Africa could lead to more load-shedding, with beleaguered utility Eskom unable to meet higher demand, Matleng Energy Solutions chairperson and Eskom board member Nelisiwe Magubane said on Wednesday. She was speaking at Afrifore…
Magubane, others warn about load-shedding risk Read More »
An acceleration in economic growth in South Africa could trigger power cuts, with state utility Eskom Holdings’ fragile generation system unable to respond to increased demand for electricity. The energy availability of Eskom’s generation fleet is supp…
Eskom board member says South Africa at risk of power outages Read More »
South African labour unions that oppose the government’s plans to split embattled State-owned power utility Eskom Holdings into three units will ultimately have to support the reforms, according to Mineral Resources and Energy Minister Gwede Mantashe. …
Mantashe sees unions backing Eskom rescue Read More »
The Energy Intensive Users Group of Southern Africa is calling for urgent consideration to be given to the development of industrial tariffs for large power users, in the light of the threat being posed to domestic mining and industrial firms by steepl…
EIUG calls for urgent overhaul of industrial power tariffs to stem job losses Read More »
Australia’s financing of cleaner power is slowing because the country’s aging grid isn’t being upgraded quick enough to accept new, intermittent generation and transport it efficiently to demand centers.
That’s curbing the profitability of existing pr…
A creaking grid jams up Australia’s switch to green energy Read More »
Jabu Mabuza has been appointed acting CE of troubled power utility Eskom following a board meeting on Monday, Public Enterprises Minister Pravin Gordhan said. "I have informed the Eskom annual general meeting this afternoon of my decision to appoin…
Mabuza appointed acting CEO at struggling Eskom Read More »
State-owned electricity utility Eskom’s court papers challenging two recent price determinations by the National Energy Regulator of South Africa (Nersa) include a detailed financial analysis showing a direct correlation between its surging debt levels…
