Eskom has refrained from officially declaring an end to loadshedding despite having operated for more than 150 days without implementing rotational cuts; a period that coincided with the high-demand winter period. Nevertheless, CEO Dan Marokane expressed optimism that it was in a good position to navigate the high-maintenance summer months loadshedding-free, and that it could be in a position to formally announce an end to loadshedding by the end of March 2025.
As South Africa’s regulators mull a proposal from Eskom that could see electricity tariffs rise by as much as 40% next year, renewable-energy company GreenSun Renewable Energy has launched an energy-as-a-service offering for residential customers. The company is offering smart solar and battery installation at homes, all for the same cost or lower than current electricity bills, with increased reliability.
President Cyril Ramaphosa has left the door open to excluding a section in the Electricity Regulation Amendment (ERA) Act that could negatively affect the revenues municipalities raise from electricity sales when the legislation is officially implemented. Ramaphosa signed the ERA on August 20, with a clause stating that the Act would come into operation “on a date determined by the President”.
The International Finance Corporation (IFC) has confirmed that its stands ready to support South Africa’s efforts to facilitate private sector participation in the expansion of the country’s electricity grid. IFC Africa VP Sérgio Pimenta told Engineering News during his recent visit to South Africa that the World Bank Group agency had already been providing advice to government on possible models for deploying independent transmission projects to help address grid-related backlogs.