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The state-owned electricity utility Eskom that provides 90% [8] (85% [9] from coal) of South Africa's electricity and depends on electricity sales to function. Due to alleged corruption and mismanagement of funds in the years leading up to 2017, [10] [11] Eskom has been forced to increase tariffs by 340% over 10 years. [12]
In 2019 Eskom controversially applied to the National Energy Regulator of South Africa (NERSA) to increase tariffs by an additional 45% over the proceeding three years [190] arguing that it needs the increase in revenue to avoid a debt induced death spiral. [191] Eskom was controversially granted a 13.8% increase by NERSA in March 2019. [192]
By July 2024 this had resulted in an increase in energy generating capacity to 35,000 MW, the highest in 6 years. [120] Although some of the coal power plants have reported improved performance (Kusile, Hendrina, Grootvlei, Matla, Kendal, Majuba, Tutuka, Kriel and Matimba) others have reported reducing performance (Arnot, Lethabo, Camden ...
City Power currently obtains 90% of its power from Eskom and 10% from the Kelvin Power Station from which it seeks to move away from. [5] In 2014, it announced that it will remotely switch off geysers "to reduce the impact of load shedding. [6] In 2021, it resolved to be an electricity generator to "reduce over-reliance on Eskom". [7]
In 2024, repairs to Eskom's coal-fired power stations resulted in a stable power supply for three consecutive months, reducing solar installations from 97 MW to 26 MW monthly. Imports of photovoltaic cells and modules from China dropped from over $180 million in May 2023 to less than $40 million per month since August 2023.
At the end of the bid window, 5 Solar PV (1000 MW) projects were announced and 860 MW allocated, for a total investment of R12.1 billion. Onshore wind applications, totalling 4116 MW was received, but none could be allocated since Eskom could not connect it to the grid. [21] An additional Solar PV project was announced on 23 March 2023. [23] 7 2024
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The Botswansa Power Corporation, Electricidade de Mocambique, ESKOM, Eswatini Electricity Company, Lesotho Electricity Corporation, NAMPOWER, Societe Nationale d'Electricitite, Zesco Limited, and the Zimbabwe Electricity Supply Authority are operating members of the Power Pool.