by Gabriel Klaasen

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by Gabriel Klaasen

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The South African power system has reached a crossroads. Eskom, the national power utility, is experiencing an unprecedented period of demand stagnation and decline, while having simultaneously embarked on an enormous, coal-fired power station construction programme (Medupi 4 764 MW and Kusile 4 800 MW) that has been plagued with delays and cost over-runs. This has forced Eskom to implement the highest tariff increases in recorded history, and has led to a crisis in its financial viability and, at the time of writing, a liquidity crisis (Groenewald & Yelland, 2017). 

ESKOM’S FINANCIAL CRISIS AND THE VIABILITY OF COAL-FIRED POWER IN SOUTH AFRICA:IMPLICATIONS FOR KUSILE AND THE OLDER COAL-FIRED POWER STATIONS 

By Grové Steyn, Jesse Burton, Marco Steenkamp


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Business Report 1 July 2012. Optimal Energy chief executive Kobus Meiring is a disappointed man. The company is the developer of South Africa’s electric car but it officially closed on Friday with the loss of about 60 jobs. This follows its failure to get further funding from the government and the Industrial Development Corporation (IDC)... http://www.iol.co.za/business/business-news/why-sa-s-electric-car-is-not-going-anywhere-1.1331580#.T_E37xcjGq8

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