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Free AccessLoad-Shedding Escalates Further, Eskom Will Run Stage 6 Load-Shedding
Eskom says in a statement that "Stage 6 loadshedding will continue to be implemented over the weekend, in order to replenish emergency reserves and set a possible path for the reduction in stages of loadshedding in the coming week."
- This represents further escalation in rolling blackouts, with the utility previously moving between Stages 4 and 6. Eskom was forced to ramp up power rationing due to icy weather conditions, which translated into heightened demand for electricity.
- The utility says that "the increase in the demand for electricity due to the cold weather, particularly on Monday and Tuesday, was anticipated, however this demand exceeded what was forecasted."
- Eskom adds that "due to the failure of additional generation units since Sunday, the [generation] reserves have been depleted and can no longer buffer the lingering effects of the cold weather."
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.