BUSINESS MAVERICK: No surprise as Eskom announces record loss

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 84%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

BUSINESS MAVERICK: No surprise as Eskom announces record loss By Sikonathi Mantshantsha SikonathiM

Generating electricity from burning diesel drilled a hole through the finances of electricity producer Eskom. The utility burnt R6.5-billion worth of diesel during the year ended March 2019 in order to supplement its core generating capacity of coal-fired power stations and avoid rationing electricity.

The increased usage of the diesel-guzzling emergency open-cycle gas turbines became necessary as the performance of the nuclear, coal and renewable energy power stations declined due to an energy availability factor of 70%, down from 78% the previous year. Eskom generates more than 95% of South Africa’s power, most from its fleet of coal-fired power stations.“

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Saica chief Freeman Nomvalo appointed Eskom chief restructuring officer | IOL Business ReportGordhan said some of Nomvula's tasks would be to interrogate Eskom's debt and various proposals to resolve its burden.
Fonte: IOL - 🏆 46. / 51 Leggi di più »

Eskom reports R20.7bn loss due to ongoing challenges | IOL Business ReportEskom chief Jabu Mabuza said the losses for this financial year were not a reflection of the outgoing chief executive Phakamani Hadebe's performance.
Fonte: IOL - 🏆 46. / 51 Leggi di più »