Daily loadshedding planned for the week ahead, Eskom warns | News24_Business
Load shedding will be suspended at midnight on Sunday, Eskom announced.
However, there will be a small reprieve in the evenings, with no Stage 3 as had previously been communicated. Thanks to diesel supplied by PetroSA, Eskom will be able to reduce load shedding to Stage 3 from Stage 4 during the night, Eskom said. This is expected to last until Monday morning. The electric company lacks funds to run the units in order to avoid or minimize power cuts for the rest of the financial year.
The increased load shedding is mainly due to the high levels of breakdowns and the depleted emergency generation reserves, Eskom said. "Changes in the stages of load shedding will be more erratic due to the absence of the buffer that is normally provided by the diesel generation capacity between generating unit breakdowns," the power utility said.
The utility, which is waiting for more details on government’s plan to take on a significant portion of its R400 billion debt, says that it is now financially untenable to burn more diesel at its Open Cycle Gas Turbines."We will be forced to implement load shedding because we don't have the money to burn diesel," COO Jan Oberholzer said at Eskom’s state of the system briefing.
There are expectations from government and Eskom’s new chair Mpho Makwana for the utility to hit a 75% energy availability factor soon."Where we find ourselves now, it looks like a steep hill … However, we need additional capacity, in order for generation colleagues to properly maintain their plants," Oberholzer said.
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