Eskom sees diesel costs rising to R20.9bn as coal plants stumble

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Eskom sees diesel costs rising to R20.9bn as coal plants stumble
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Company sees the costs of operating diesel-fed turbines almost tripling as it struggles to keep up with maintenance

Eskom expects running costs for its diesel-fed turbines, which are used to keep the lights on when coal-powered plants break down, to almost triple as it struggles to keep up with maintenance.

That would require it to spend R20.9bn on operating its open-cycle gas turbines in the 13 months through April next year, or almost three times what it spent in the financial year ended March 2021. “The system is volatile and dynamic and hence this is the best indication Eskom had at the time,” the company said in response to queries, confirming the presentation. It didn’t say what fuel price it used to make its assessments in the presentation.

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