Despite the utility rarely acknowledging the elephant in the room, Eskom’s turnaround is about more than its generation recovery plan.
While the improved performance of Eskom’s electricity generation division has contributed to a decline in load-shedding in 2024, it does not tell the full story.
“Over 6,000 MW of electricity generation now sits on the rooftops of homes and businesses. This will also explain why Eskom needs massive price increases to survive.” Despite the reduction in demand, the amount of electricity cut from the grid through load-shedding increased from 534GWh to 844GWh. It is evident that the decline in demand would not have been enough on its own to achieve the load-shedding reduction Eskom has managed in 2024.
As of July 2024, Eskom estimated these systems had a total installed capacity of 6,000MWp, more than the maximum capacity of one of its latest coal power stations. Nearly half that capacity was added from the start of 2023.
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