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Eskom Issues Power Alert Warning With the Grid Under Severe Pressure

SOUTH AFRICA
  • Eskom issues a power alert - warning the system is under severe pressure
  • These warnings usually run ahead of a move to stage 2 load shedding (rolling blackouts)
  • Eskom is currently using its diesel reserves to keep the grid online causing massive profitability risks to Eskom, given surging fuel prices
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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