Do not be fooled … Moneyweb Eskom LoadShedding
For much of the past month, news about Eskom has been positive. Load shedding this winter is far less severe than was forecast , and the constant statements from cabinet/the ANC NEC/the electricity minister/anyone who can call a media conference have been nothing but glowing.
With lower wind generation earlier in the week, Eskom was running OCGTs a lot! These ran from 7am to 10pm on Tuesday, from 7am to 3am on Wednesday/Thursday and from 7am to 11pm on Thursday. Wind meant it didn’t have to use these after midday on Friday. Demand The other factor playing into Eskom’s hands is that demand is lower than forecast. As recently as May, Eskom was expecting peak daily demand to be somewhere between 33 000MW and 33 500MW in June and July.
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