{"id":104889,"date":"2021-01-22T18:48:04","date_gmt":"2021-01-22T18:48:04","guid":{"rendered":"https:\/\/fin2me.com\/?p=104889"},"modified":"2021-01-22T18:48:04","modified_gmt":"2021-01-22T18:48:04","slug":"eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/","title":{"rendered":"Eskom Extends South Africa Power Cuts Due to Lack of Capacity"},"content":{"rendered":"

Sign up<\/span> to our Next Africa newsletter and follow Bloomberg Africa on Twitter<\/span><\/em><\/p>\n

South Africa\u2019s debt-laden power utility Eskom Holdings SOC Ltd. is extending power cuts to Monday after delays in restarting some key generation units.<\/p>\n

The state-owned company said it will continue with the planned power outages, cutting 2,000 megawatts from the grid on Monday. Eskom resumed rolling blackouts last Thursday and planned to ration electricity for four straight days after its newest facility, Kusile, lost some generation capacity.<\/p>\n

\u201cThe return to service of two generation units at Kusile power station that were not available last week has been delayed due to difficulties in restarting the units,\u201d Eskom said in a statement.<\/p>\n

The firm supplies about 95% of South Africa\u2019s electricity needs but it\u2019s struggling to meet demand even after some economic activities were scaled down due to government measures aimed at curbing the spread of coronavirus.<\/p>\n

The challenges at the stricken company, which is saddled with debts of about 464 billion rand ($30.5 billion), are adding to President Cyril Ramaphosa\u2019s woes as he battles to attract new investment and reignite economic growth in Africa\u2019s most industrialized economy.<\/p>\n

The company is in the midst of transforming the business into three separate units to add outside power producers and it\u2019s also beginning a move away from coal as its main fuel.<\/p>\n

Operational issues have plagued even what\u2019s regarded as Eskom\u2019s most reliable plant. It was forced to shut a unit earlier this month at the Koeberg nuclear facility near Cape Town.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter South Africa\u2019s debt-laden power utility Eskom Holdings SOC Ltd. is extending power […]<\/p>\n","protected":false},"author":3,"featured_media":104888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nEskom Extends South Africa Power Cuts Due to Lack of Capacity - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eskom Extends South Africa Power Cuts Due to Lack of Capacity - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter South Africa\u2019s debt-laden power utility Eskom Holdings SOC Ltd. is extending power [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-22T18:48:04+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/01\/cfntalkfoto1200x1800.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/\",\"url\":\"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/\",\"name\":\"Eskom Extends South Africa Power Cuts Due to Lack of Capacity - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-01-22T18:48:04+00:00\",\"dateModified\":\"2021-01-22T18:48:04+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Markets\",\"item\":\"https:\/\/fin2me.com\/category\/markets\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Eskom Extends South Africa Power Cuts Due to Lack of Capacity\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Eskom Extends South Africa Power Cuts Due to Lack of Capacity - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/","og_locale":"en_US","og_type":"article","og_title":"Eskom Extends South Africa Power Cuts Due to Lack of Capacity - Fin2me","og_description":"Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter South Africa\u2019s debt-laden power utility Eskom Holdings SOC Ltd. is extending power [...]","og_url":"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/","og_site_name":"Fin2me","article_published_time":"2021-01-22T18:48:04+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/01\/cfntalkfoto1200x1800.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/","url":"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/","name":"Eskom Extends South Africa Power Cuts Due to Lack of Capacity - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-01-22T18:48:04+00:00","dateModified":"2021-01-22T18:48:04+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/markets\/eskom-extends-south-africa-power-cuts-due-to-lack-of-capacity\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Markets","item":"https:\/\/fin2me.com\/category\/markets\/"},{"@type":"ListItem","position":3,"name":"Eskom Extends South Africa Power Cuts Due to Lack of Capacity"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/104889"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=104889"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/104889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/104888"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=104889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=104889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=104889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}