Eskom Says Diesel Turbines Most Viable Way to Alleviate Outages
More than 200 days of power cuts last year and blackouts every day so far in 2023 have dented confidence, as has the poor performance of the state transport utility and a plethora of other problems. Pledges to enact reforms to spur the economy have come to little, said Neal Froneman, chief executive officer at Sibanye Stillwater Ltd.Central Bank Says Outages May Cost $51 Million/Day
South Africa’s Energy Minister Gwede Mantashe said fixing the state-owned power utility’s existing plants should be prioritized to end record blackouts, with private companies showing little interest in building their own capacity.
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