Eskom gets kick in the teeth over prices
The National Energy Regulator of South Africa has introduced a revamped electricity tariff methodology called the electricity price determination methodology, which could impact Eskom’s revenue collection.
The National Energy Regulator of South Africa has introduced a revamped electricity tariff methodology called the electricity price determination methodology, which could impact Eskom’s revenue collection.
Energy expert Clyde Mallinson has refuted South African Electricity Minister Kgosientsho Ramokgopa’s claim that the country lost 1,000 MW from the grid due to the decommissioning of the Komati Power Station.
South Africa’s import of solar panels has reached a new record, with R8.4 billion worth of panels imported in quarter two of 2023, more than double the amount imported in the first quarter 2023.
The total value of imports in the first half 2023 has already exceeded the value imported throughout the entirety of 2022.
Eskom, South Africa’s power utility, is facing a severe generation shortage, and load-shedding is highly likely for the next year, according to its 2023 Week 29 system status report. The report’s 52-week outlook reveals that electricity demand will exceed available generating capacity.
The risk of higher load-shedding stages, including stage 8, is still present in South Africa despite Eskom’s better performance during winter so far.
Professor Hartmut Winkler warns that the country is not yet out of the woods and load-shedding could still escalate to higher stages.