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NATIONAL NEWS AND VIDEO - Ted Blom, an independent energy analyst, said there was more to Eskom’s current load shedding than a couple of out-of-commission generation units at the Kusile power station.
“The problems lie much deeper than that, starting at top management not being equipped to manage Eskom,” said Blom.
“This lack of leadership, combined with corruption and incompetence on many levels changed the power giant into a spectacular failure.”
The power supplier announced on Sunday that stage 2 load shedding would be implemented for the week because some generation units have yet to return to service.
“Regrettably, as the return to service of some generation units has been delayed, as well as the need to manage the emergency generation reserves and identified risks to the power systems, stage 2 load shedding will be implemented,” Eskom said in a statement.
It further said the system remains constrained and vulnerable and a further update on the power situation would be given.
Eskom said the return to service of two-generation units at the Kusile station has been delayed due to difficulties in restarting the units, which are now expected to return to service later.
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Ted Blom holds degrees in finance, law and mineral economics and consults widely to top 40 global hedge and private equity funds.
