South Africa passed 200 days of power cuts in 2022 on Tuesday, 27 December – with more to come.
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This represents 55% of the days in the year.
According to Bloomberg, Eskom has implemented rotational blackouts this year because its old and poorly maintained power stations continually break down.
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The energy shortages have dented investment and weighed on output.
Power cuts to continue this week
Eskom supplies most of the nation’s electricity and doesn’t generate enough revenue to cover its operating costs and interest bill, leaving it dependent on state bailouts to survive.
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Outgoing CEO Andre de Ruyter warned last week that the power supply outlook for next year will be very constrained, and blackouts will continue until an additional 4 000 – 6 000 megawatts of generating capacity is added to the grid.
Meanwhile, as reported by The South African website, Eskom will continue with Stage 2 and Stage 3 load shedding until Friday this week – at least.
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