Weekend reprieve as Eskom suspends rolling blackouts until Monday afternoon

Eskom has delivered unexpected relief by temporarily suspending load shedding, starting at 10pm on Thursday.

South Africans can finally breathe a sigh of relief as Eskom announces a three-day suspension of load shedding, beginning at 10pm on Thursday evening.

The power utility announced that the rolling blackouts will be suspended starting at 10pm on Thursday evening. Stage 3 load shedding will start again at 4pm on Monday.Eskom said the suspension of load shedding for more than three days is a result of the continued good generation fleet performance and the expected lower weekend demand.

“Breakdowns have been reduced to 12 925 MW, whilst planned maintenance is at 4 889 MW of generation capacity,” the power utility said.The power station’s Unit 1 returned to service this week, a year after it was taken offline.The announcement came a month ahead of schedule, and Ramokgopa explained that the unit would add 800 MW of capacity to the grid.

Kieswetter said load shedding hampers economic growth and eats into productivity and company profits, which affects corporate tax collections. “We estimated our energy supply risk over 2022/23 to be about R60 billion, but it could easily have been as high as R150 billion. We see that again this year—unquantifiable but material. If we could recover the revenue lost from load shedding this year, we would be in surplus, not lagging as we are year-to-date.”Kieswetter estimates load shedding cost economy about R150bn

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