ESKOM LIVE | Breather from Stage 4 load shedding from Saturday | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 207 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 86%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

ESKOM LIVE | Breather from Stage 4 load shedding from Saturday | News24_Business

Stage 4 load shedding will be implemented until 05:00 on Saturday morning, after which it will be reduced to Stage 3, Eskom said on Friday.

"A full statement will be issued as soon as there are any further developments," spokesperson Sikonathi Mantshantsha said'We'll stop sending people underground' - power crisis threatens SA's platinum supplies The one"new" item that came from the National Energy Crisis Committee briefing at the weekend is that a new integrated resource plan will be issued in March. The rest of Necom’s report was an update on the measures already implemented and it does reflect that there is a huge amount of work going on to try to improve things – even though progress is slow.

References to the emails form part of a plea deal that ABB South Africa entered into with the US Department of Justice last month. With SA bracing itself for the likelihood of ongoing load shedding for the foreseeable future, retailers are gearing up for a surge in demand for inverters, generators and gas appliances.

Mineral Resources and Energy Minister Gwede Mantashe says cutting the proposed contract periods with Karpowership from 20 years to 10 years could help government realise its ambitions to procure energy urgently from the floating power stations. Load shedding will increase to Stages 4 and 5 for the remainder of the week, starting at 05:00 on Thursday morning.

This is"negatively impacting the liquidity, financial performance and sustainability of Eskom," said Amanda Qithi, a spokesperson for the utility in Gauteng.Chicken production cost now R2/kg above selling price due to load shedding, says Astral In a supporting affidavit, energy industry veteran Ted Blom said exempting certain institutions from load shedding is technically possible.Amid a national energy crisis, lobby group AfriForum is eyeing an electricity project which involves nuclear as a long-term solution for the country's power challenges.

Starting with load shedding, which he believes will get worse this year, Jordaan said one obvious solution to prevent businesses from collapsing is the rapid installation of solar. He says that the amount of solar energy installed by the private sector last year, outside of the independent power producers programme, equated to one whole level of load shedding.

"We anticipate that we will be able to return 1 862MW to the grid by the end of March this year. That is more or less equivalent to two stages of load shedding," De Ruyter told Scopa. The City of Cape Town announced on Tuesday that it will pay cash and an incentive to businesses that feed their excess power into the grid, laying the basis for further future load shedding reductions. The same will be extended to households generating their own energy later this year.

Eskom is urgently trying to come up with a plan to prevent the collapse of one of Kusile Power Station's two 220-metre-tall chimneys after a major incident in October 2022. Now, more than ever, the ANC must do the right thing. Government energy plans have in the past been derailed by the government and the governing party itself, both of which have dragged feet, indulged in gatekeeping, and been ideologically opposed to market-driven solutions. Energy experts offered government helping hand with deepening load shedding crisis - Ramaphosa

It wants the recently approved tariff increase by the National Energy Regulator of SA scrapped and several public facilities, including schools and small businesses, exempted from load shedding.Several political parties, unions, community-based organisations and individuals have approached the Gauteng High Court in Pretoria to seek an urgent hearing on relief measures amid continued load shedding.

Planned maintenance removed 6 018MW from the system, while breakdowns currently amount to 15 797MW of generating capacity. Power utility Eskom has escalated load shedding back to Stage 4 after two generating units at Tutuka power station were shut down overnight. Speaking at a media briefing on Sunday, Eskom board chair, Mpho Makwana, said a plant performance recovery plan is in the final stages of being approved.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business We are not impressed

_Business That can change in a heartbeat

_Business No difference at all... still off for 8 hours during a 24-hour period!

_Business Don’t be fooled very deviously worked out we will still be off for 3 x a day

_Business CapeIndependence is coming

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines