PETER BRUCE: Wild promises and untrue claims from cheery Eskom
Now may be the time to ensure that the power utility follows German consortium report to the letter
As the May 29 election approaches Eskom, the national electricity utility, appears to be going on what looks like a determined drive to be as cheerful as possible as often as possible. Twice in as many weeks it has claimed to have definitively turned the corner and that its energy availability factor (EAF, the percentage of generating capacity actually generating) has turned positive.
That this is just not in the least bit true seems not to bother Eskom at all. It reported on February 22 that “year-on-year from January 2023 to January 2024, the year-to-date EAF shows a positive trend, moving from 50% to 55% an increase of 5%”...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.