{"id":607388,"date":"2022-07-16T17:42:08","date_gmt":"2022-07-16T15:42:08","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=607388"},"modified":"2022-07-16T17:42:08","modified_gmt":"2022-07-16T15:42:08","slug":"load-shedding-could-be-over-by-the-end-of-next-week-de-ruyter","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/607388\/load-shedding-could-be-over-by-the-end-of-next-week-de-ruyter\/","title":{"rendered":"Load shedding could be over by the end of next week: De Ruyter"},"content":{"rendered":"<p>South Africa could see the end of rolling blackouts by end of next week according to Eskom chief executive officer, Andre de Ruyter.<\/p>\n<p>Speaking to <a href=\"https:\/\/www.reuters.com\/world\/africa\/safricas-eskom-sees-rolling-power-cuts-over-by-end-next-week-2022-07-16\/\">Reuters<\/a> on Saturday (16 July), de Ruyter said that the national power utility has seen more generation units returning to operation.<\/p>\n<p>&#8220;<strong>T<\/strong><strong>owards the end of the coming week<\/strong>, we should emerge from load shedding,&#8221; said de Ruyter at a walking tour of the Tutuka power station accompanied by president Cyril Ramaphosa.<\/p>\n<p>&#8220;We&#8217;ve already lifted our indication for load shedding going forward; we&#8217;ve got a couple of big units returning, so that&#8217;s positive news,&#8221; he added. De Ruyter said Eskom expects load shedding to become less likely by the end of the month as the troubled nuclear plant Koeberg 2 comes back online.<\/p>\n<p>The power station is set to provide a necessary 920 MW to the national grid; however, de Ruyter added that to curb load shedding for good, additional capacity is still required as the system is currently unreliable and unpredictable.<\/p>\n<p>South Africa has experienced an uptick in load shedding in recent weeks, but has <a href=\"https:\/\/businesstech.co.za\/news\/energy\/607302\/eskom-moves-back-to-evening-load-shedding-only-heres-the-new-schedule\/\" target=\"_blank\" rel=\"noopener\">moved back<\/a> to an evening-only schedule this weekend.<\/p>\n<p>Ramaphosa told journalists that he had met with various managers from different power stations to get further insight into the problems faced.<\/p>\n<p>Frequent outages have caused the economy to underperform by 40%, finance minister Enoch Godongwana said Thursday. Its high-debt burden has also been a strain on the nation\u2019s coffers, Bloomberg reported.<\/p>\n<p>Blackouts continue to affect economic development across the country and public finances, with the government guaranteeing as much as R350 billion of its debt, said Ramaphosa.<\/p>\n<p>To combat the extended period of low energy capacity, the ruling party ANC proposed the formation of a second state power utility to challenge Eskom&#8217;s monopoly. Ramaphosa added that the creation of a new energy-producing system would assist in alleviating the risk posed by the failings of the current system.<\/p>\n<p>\u201cIf we look at other countries like China, it has a number of state-owned electricity generating companies that compete amongst themselves to bring prices down,\u201d Ramaphosa said in a speech to a meeting of the South African Communist Party on Friday. \u201cThat is a future that we should begin to imagine.\u201d<\/p>\n<hr \/>\n<p><strong>Read: <\/strong><a href=\"https:\/\/businesstech.co.za\/news\/motoring\/606592\/how-much-it-costs-to-fill-up-south-africas-best-selling-bakkies-ranger-vs-hilux-vs-isuzu-and-more\/\" target=\"_blank\" rel=\"noopener\">How much it costs to fill up South Africa\u2019s best-selling bakkies \u2013 Ranger vs Hilux vs Isuzu and more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa could see the end of rolling blackouts by end of next week according to Eskom chief executive officer, Andre de Ruyter.<\/p>\n","protected":false},"author":10,"featured_media":443544,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[1164,26,3482],"class_list":["post-607388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-eskom","tag-headline","tag-reuters"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/607388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=607388"}],"version-history":[{"count":11,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/607388\/revisions"}],"predecessor-version":[{"id":607410,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/607388\/revisions\/607410"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/443544"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=607388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=607388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=607388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}