Eskom's road ahead is paved with load-shedding, warns chief executive
Power utility Eskom has warned that the road to operational recovery and sustainability will be long and hard.
Stay updated with breaking news from Segomoco Scheppers. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Power utility Eskom has warned that the road to operational recovery and sustainability will be long and hard.
Eskom has revealed an ambitious plan which will see it invest more than R170 billion over the next decade in new capacity expansion projects for transmission of electricity.
Today, Eskom shared its Transmission Development Plan (TDP) for the period 2022 to 2031 with various stakeholders during a virtual public forum. This is part of Eskom’s Transmission licence requirements issued by the National Energy Regulator of South Africa (NERSA), which calls for Eskom to publish a TDP annually. This forum forms part of a consultative process where industry, various business sectors, local government, and other infrastructure development partners, get to influence the long-term development plan of the transmission system.
State-owned electricity utility Eskom says its reliability maintenance recovery (RMR) interventions have not yet succeeded in stabilising the performance of its unpredictable coal fleet and that more than year of ongoing maintenance is needed to address the poor performance of its generation assets. When Eskom announced the RMR in early 2020, it indicated that it expected that the intervention would help ease, albeit not eliminated, the risk of load-shedding by about October this year.
Eskom on Monday painted a dire picture for the load shedding outlook at its state of the system briefing.