Oil climbed at the week’s open as China eased anti-virus lockdowns and the EU worked on a plan to ban imports of Russian crude.
Power utility Eskom has already exceeded its worst-case scenario for load shedding in South Africa, with warnings that worse is still to come, the City Press reports.
Power utility Eskom has announced that it will implement stage 2 load shedding Saturday evening, following the loss of generating capacity on its network.
Power utility Eskom says that a recovery in generation capacity on Friday (13 May) means it will only have to implement stage 1 load shedding in the evening - and that the probability for weekend load shedding remains low.
While power utility Eskom pins its hopes on some offline generating units returning to operation in the coming months to stave off rising power demand, analysts point to deeper, entrenched problems within government departments that are holding the ent...
Eskom has announced that it will again implement load shedding on Thursday night during peak demand hours.
The Democratic Alliance says that government must introduce legislation to protect consumers against ever-increasing fuel prices.
Eskom notes that the national electricity grid remains constrained, with an elevated risk of load shedding over the winter period, particularly during the morning and evening peaks.
The power utility warned of the possibility of higher stages should any further breakdowns occur during the day.
Ford’s says its Silverton Assembly Plant in Pretoria now sources 35% of its electricity supply from solar power. The plant produces the Ford Ranger pickup for domestic sales and exports to over 100 global markets.
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