Eskom Latest: Power Cuts Extended; Energy Transition Head Quits

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(Bloomberg) — South Africa’s state-owned power company extended power outages to a fifth straight week due to continued breakdowns at its plants.

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Eskom Holdings SOC Ltd will cut 3,000 megawatts from the national grid until Thursday, it said in a statement on Sunday.

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With 119 days of various levels of disruption through 2022, according to Bloomberg calculations. It has cut power every month except January, and South Africans endured 25 consecutive days of blackouts in September.

Transition chief resigns at key moment in climate talks (Oct 2, 11:34am)

Mandy Rambharos, head of Eskom’s energy transition department, resigned just as negotiations with some of the world’s richest nations to secure $8.5 billion in climate finance for South Africa and its state electricity company they become more and more complex.

His resignation comes ahead of the COP27 international climate summit in Egypt in November. At the meeting, South Africa and its funding partners — the United States, the United Kingdom, Germany, France and the European Union — plan to make an announcement on the program, announced at the COP26 summit in Glasgow in 2021.

Eskom’s board of directors is renewed to deal with the energy crisis (September 30, 16:28)

South Africa’s government reshuffled Eskom’s board, including the appointment of Mpho Makwana as its new chairman, as the state looks for solutions to end a worsening energy crisis that is crippling the economy.

Chief executive Andre de Ruyter and chief financial officer Calib Cassim will remain in their roles, as will Rod Crompton, who served on the previous board, Public Enterprises Minister Pravin Gordhan said in an online briefing on Friday.

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