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Eskom Warns High Probability of Load Shedding (rolling blackouts)

SOUTH AFRICA
  • Eskom warns of high probability of load-shedding (power blackouts)
  • due to the loss of multiple generation units and high load losses amounting to 7,500MW
  • Comes amid 10,800 of lost capacity due to unplanned maintenance
  • Eskom has not used diesel or open cycle gas turbines for ~50 days and should be able to offset some more lost generation power
  • But over ~3,000-5,000MW more and the grid may go down
  • Very expensive to run diesel, reducing Eskom profitability and need for bailouts etc
  • Load-shedding creates major strain on growth/productivity
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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