Eskom’s R178bn grid plan points to ‘scary’ step change in expansionary capex

State-owned electricity utility Eskom has outlined a R178-billion grid investment plan for the coming ten years, which is premised on a dramatic acceleration of expansionary capital expenditure. The Transmission Development Plan (TDP) for the period 2022 to 2031 is largely geared towards expanding the network to enable the integration of 30 GW of new, mostly renewable, generation capacity.