Shed hits the fan: Eskom approaches market to add 1 000MW to the grid urgently

19 Sep 2022

Lameez Omarjee

Share your Subscriber Article

You have 5 articles to share every month. Send this story to a friend!

Loading, please wait...

0:00

Eskom wants to procure 1 000 MW on an urgent basis and hopes to sign the first supply agreement this week.

Getty Images

Eskom has approached the market to procure as much as 1 000MW of power urgently.

At a briefing on Sunday, Eskom CEO André de Ruyter explained as a way forward in addressing load shedding - which escalated to Stage 6 over the weekend - the power utility is looking to procure an additional 1 000MW of capacity from existing Independent Power Producers and large industrial companies that have excess power capacity.

"We will go out to market as soon as tomorrow (Monday) to make sure we can tap into electricity that is available right now," De Ruyter said on Sunday. "The sooner we get additional megawatts on the grid, the better," he added.

Read this for free

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

Already a subscriber? Sign in

Next on Business

ESKOM UPDATES | After more than a month, load shedding remains suspended

28 Apr

description

username

Show Comments ()