Eskom has the opportunity to reinvent itself: CEO

  • 📰 TechCentral
  • ⏱ Reading Time:
  • 33 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 71%

Eskom Has The Opportunity News

Eskom

Eskom CEO Dan Marokane said the utility needs to intensify its recovery and add clean energy stations.

Dan Marokane, whose term started during a streak without power cuts that’ve crimped South Africa’s economy, said the utility needs to intensify its recovery and add clean energy stations.hasn’t implemented load shedding for 79 days, which hit a record last year and would sometimes see businesses and households only have power for half a day. Officials have attributed the steadier power supply to efforts by the utility to improve the reliability of poorly maintained coal-fired power stations.

Fixing Eskom and South Africa’s energy crisis has been a top priority for the government. After slow progress due to multiple delays, efforts including better maintenance of power stations are starting to pay off. A plan to split the utility into generation, transmission and distribution units to make it profitable again is also progressing.Marokane said Eskom has the opportunity to reinvent itself, signalling that the century-old, state-owned monopoly can still thrive amid encroaching privatisation of the power supply. He took over the job in March, occupying a hot seat that’s averaged roughly a new chief executive every year since 2007.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ERROR

Energy Energy Latest News, Energy Energy Headlines