Eskom isn’t currently load shedding this morning, but most of you will have experienced load shedding yesterday at some point. They said we can expect more today and the rest of this week. So how bad is it? Well the exact extent of the problem is unclear, but if current reports are anything to go by then we are in for some deep kak. Yesterdays outage was due to nearly a third of Eskom’s capacity being out of service…there was unplanned outages as well as planned maintenance. The maintenance backlog will apparently take years to address with energy experts saying we should expect regular stage 3 load shedding for the foreseeable future.
Still blows my mind that South Africa is in this position. For a country that claims to be the most advanced in Africa we are failing badly.
“The utility’s unplanned outages increased to a shocking 10 515 MW on Monday. 3 429MW of generation capacity was taken out of service for planned maintenance. That means that a staggering total of 13 944MW, almost a third of Eskom’s generation capacity, was out of service on Monday.” [Moneyweb]
And what about a government bailout..will that help?
“Eskom is now waiting for Finance Minister Nhlanhla Nene to announce next month whether the power utility will receive R3 billion needed for short-term funding to keep the lights on.
Yelland, says even if Eskom is given R3 billion from government, the money won’t cover diesel costs, which amount to R2 billion per month. [EWN]
Shake your head at that mess.