Eskom is a South African electricity public utility and the largest producer of electricity in Africa. It is among the top seven utilities in the world in terms of generation capacity and among the top nine in terms of sales.

Eskom operates a number of notable power stations, including Kendal Power Station, and Koeberg nuclear power station in the Cape Province, the only nuclear power plant in Africa. The company is divided into Generation, Transmission and Distribution divisions and together Eskom generates approximately 95% of electricity used in South Africa.

Due to the South African government's attempted privatisation of Eskom in the late 1990s, Eskom's requests for budget to build new stations were denied. President Thabo Mbeki admitted in December 2007 that this was an error, and it is now adversely affecting the South African economy.

In January 2008 Eskom introduced "load shedding", planned rolling blackouts based on a rotating schedule, in periods where short supply threatens the integrity of the grid. Demand-side management has focussed on encouraging consumers to conserve power during peak periods in order to reduce the incidence of load shedding.

Headlines Around the Web

South Africa: Power Utility Goes Solar

Nov 22 - AllAfrica News

Uganda: Electricity Supply Goes Up

Sep 23 - AllAfrica News

Articles About Eskom

Reuters' GFMS predicts the price of Gold could exceed $2,000
Gold Falls 1 pct on Euro Zone Downgrade Talk

By Reuters

Gold fell around 1 percent on Friday, after the dollar surged against the euro and fears about an imminent credit downgrade of euro zone countries prompted bullion investors to take profits on the recent rally. (Jan 13)

MORE TOPICS: CHINA, GOLD, BNP PARIBAS, SILVER

Gold eases as euro dips, heads for weekly gain
Gold Eases as Euro Dips, Heads for Weekly Gain

By Reuters

Gold eased on Friday, taking a breather from this week's march higher as the euro dipped and other assets rose, but stayed on track for its biggest two-week rise in two months as investors returned to the market after last month's price drop. (Jan 13)

MORE TOPICS: CHINA, GOLD, DEUTSCHE BANK, GOLDMAN SACHS, GOLD PRICES, EUROPEAN CENTRAL BANK

Gold
Gold Hits 4-week High, India Buying Active

By Reuters

Gold hit a four-week high and broke above a key resistance on Wednesday, defying a stronger dollar, as the festering euro zone debt crisis lured investors to its safety and signs of strong demand from the world's top two consumers also supported. (Jan 11)

MORE TOPICS: GOLD, INDIA, EUROPEAN CENTRAL BANK, MANAGEMENT, SOUTH AFRICA, SILVER

Gold pellets
Gold Rises to 200-Day Moving Average; Platinum Surging

By Reuters

Gold rose towards $1,640 an ounce on Tuesday and other precious metals rallied, with a rebound in the euro versus the dollar making dollar-priced assets more attractive to holders of other currencies, and after bullion breached a key chart level. (Jan 10)

MORE TOPICS: GOLD, COMMERZBANK, GOLD PRICES, INDIA, SOUTH AFRICA, SILVER

Greenpeace protests South African Coal Power Plant
Greenpeace Activists Arrested Over Coal Power Plant Protest in South Africa

By IBTimes

The roughly dozen activists are protesting the construction of one of the largest coal-powered power plant in that country. (Nov 07)

MORE TOPICS: NEW YORK, SOUTH AFRICA, ADDICTION, UNITED NATIONS

electricity pylons
S.Africa's Eskom says shuts down nuclear unit for repairs

By Reuters

South Africa's power utility Eskom says it has shut down the second unit at its Koeberg nuclear power station for generator repairs that could run into weeks. (Oct 29)

S.Africa to put emission caps on top polluters

By Reuters

South Africa plans to place limits for carbon emissions on top polluters who may face penalties if they do not conform to the new regulations, a climate policy paper showed on Tuesday. (Oct 18)

MORE TOPICS: UNEMPLOYMENT, CLIMATE CHANGE, SOUTH AFRICA

electricity pylons
Eskom Signs $365 Mln Loan Deal with AfDB

By IBTimes Africa

South African power Eskom signed two loan agreements worth a total of $365 million with the African Development Bank on Sunday, which will enable it to implement a renewable wind and solar generator, the electricity parastatal said. (Sep 26)

MORE TOPICS: AFRICAN DEVELOPMENT BANK

European
S.Africa to build new nuclear plants

By Reuters

South African energy minister Dipuo Peters said on Thursday she had signed off on a proposal for new nuclear power plants, likely worth tens of billions of dollars, and said it would be presented to cabinet soon. (Sep 15)

MORE TOPICS: GOLD, JAPAN, SOUTH KOREA, RENEWABLE ENERGY, SOUTH AFRICA

Electricity
S.Africa confident green energy bidding to succeed

By Reuters

South Africa is confident that a recently launched bidding process for renewable energy will lead to the addition of 3,725 megawatts (MW)of green energy to the national grid by 2016, despite previous delays, a senior government official said. (Sep 14)

MORE TOPICS: CLIMATE CHANGE, RENEWABLE ENERGY, SOUTH AFRICA

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