What's behind the sudden easing of SA's power cuts | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 80%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

South Africa's crippling blackouts have shrunk from up to 12 hours a day to just over two hours daily in recent weeks, after inflicting a massive hit on the economy. | News24_Business

The improvement has surprised many citizens who had become hardened to the rolling outages, imposed by state utility Eskom to safeguard the grid whenever demand outstrips supply.Despite forecasts last month of"an incredibly difficult" southern hemisphere winter by Electricity Minister Kgosientsho Ramokgopa, power supplies have dramatically improved.

Increased prices have also forced businesses to consume less, said specialist Tshepo Kgadima, who told AFP: To help make up the shortfall in supply, Eskom has also turned to emergency turbines that burn through 14 litres of fuel per second - 50 400 litres per hour, with some R30 billion budgeted for diesel purchases.South Africa's recent power boost has also come from the postponement of planned maintenance.

But, warned energy analyst Lungile Mashele,"there is a very significant risk" if Eskom fails to keep pace with its ageing plants' maintenance needs. In May the central bank forecast GDP will grow by just 0.3 percent this year, and the power cuts alone would cost the economy at least two percentage points of growth.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 4. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

South Africa business activity contracts in June for fourth consecutive month - PMIActivity in South Africa's private sector contracted for the fourth consecutive month in June as higher prices continued to weigh on business demand, a survey showed on Wednesday.
Herkunft: ReutersAfrica - 🏆 31. / 53 Weiterlesen »

BusinessTech – The home of business thought leadership in South AfricaPosition your executives as industry leaders by running thought leadership articles on BusinessTech.
Herkunft: BusinessTechSA - 🏆 24. / 61 Weiterlesen »