excalibur
Diamond Member
- Mar 19, 2015
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A state-run power company, what could possibly go wrong? And who do you call then to complain?
Socialism is on full display.
South Africa is nearing 100 consecutive days of rolling blackouts, the longest stretch yet, with more to come as its electricity crisis deepens.
Eskom Holdings SOC Ltd., the state-owned company that produces almost all the electricity in Africa’s most industrialized economy, has imposed blackouts daily since Oct. 31, making Monday the 99th straight day of outages, according to Bloomberg calculations. Power rationing, known locally as loadshedding, is needed to protect the nation’s grid from collapse when Eskom’s aging and poorly maintained and mostly coal-fed plants can’t meet demand, which happened on 200 days over 2022.
State-owned company Eskom has cut power every day since Oct. 31
Outages have afflicted the country for about 15 years and are likely to continue for at least two more as Eskom overhauls its electricity-generating fleet. It’s trying to lift its energy availability factor — a measure of how much capacity can be used — to 70% by March 2025 from about half currently, and needs an additional 4,000 to 6,000 megawatts of generating capacity to end the blackouts.
www.bloomberg.com
Socialism is on full display.
South Africa is nearing 100 consecutive days of rolling blackouts, the longest stretch yet, with more to come as its electricity crisis deepens.
Eskom Holdings SOC Ltd., the state-owned company that produces almost all the electricity in Africa’s most industrialized economy, has imposed blackouts daily since Oct. 31, making Monday the 99th straight day of outages, according to Bloomberg calculations. Power rationing, known locally as loadshedding, is needed to protect the nation’s grid from collapse when Eskom’s aging and poorly maintained and mostly coal-fed plants can’t meet demand, which happened on 200 days over 2022.
South Africa Has Had Power Cuts for 99 Consecutive Days
State-owned company Eskom has cut power every day since Oct. 31
Outages have afflicted the country for about 15 years and are likely to continue for at least two more as Eskom overhauls its electricity-generating fleet. It’s trying to lift its energy availability factor — a measure of how much capacity can be used — to 70% by March 2025 from about half currently, and needs an additional 4,000 to 6,000 megawatts of generating capacity to end the blackouts.
South Africa Nears an Ignoble Record: 100 Days of Blackouts
South Africa is nearing 100 consecutive days of rolling blackouts, the longest stretch yet, with more to come as its electricity crisis deepens.
www.bloomberg.com
