Zuko Komisa

For the first time since 2020, state power utility Eskom has gone 100 days without imposing load shedding.
Eskom expressed gratitude to the government, the National Energy Crisis Committee (NECOM), and other relevant parties for their cooperative efforts, which made it possible for the company to carry out its plans successfully.
“Considering the Intensity and the levels of load shedding in 2023, the ability to get to 100 days without load shedding is significant, while acknowledging that the risk of load shedding still exists.
“The 100 days milestone includes around a – R6.2 billion reduction in OCT [Open cycle gas turbines] diesel expenditure from 1 April 2024 to 30 June 2024, compared to the same period last year and if we maintain our trajectory on reduced diesel spend, it will be a strong driver in a possible return to profit in FY25,”
Eskom’s Group Chief Executive Dan Marokane
According to Eskom, the extension of time was made possible by funding from the National Treasury debt reduction program and its generating operational recovery plan, which was started in March 2023.
“Our immediate focus remains on implementing the generation operational recovery plan, aiming to recover about 1,600MW from the generation coal fleet after the successful commercial operation of Kusile unit 5 and 930MW from Koeberg unit 2 before the end of the calendar year.”
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