the group had embarked on a turnaround journey to improve plant performance and reduce load-shedding. This turnaround plan is failing.
Eskom’s EAF has been declining for years because of poor maintenance at power stations and increased breakdowns. The Eskom chairman cautioned that Eskom’s coal fleet recovery would not be achieved within the short term. “It will take at least two years to improve the EAF from the current 58% to 70%,” he said.
The problems include leadership, organisational culture and poor internal controls required to operate an organisation. “These will be embedded as part of the recovery plan,” he said.With less than four weeks until the first deadline, 31 March 2023, it looks unlikely that Eskom will reach its 60% AEF target.
The main culprit is breakdowns, which, in combination with planned maintenance, is driving Eskom’s generation availability down. Unfortunately, these high-level strategic meetings will do little to stop corruption, mismanagement, and incompetence at Eskom’s power stations.
Eish. Dom.
Get rid of all BEE and we will have electricity again.
They are laughing and we are struggling like never before in the history of SouthAfrica
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Source: FinancialMail - 🏆 20. / 63 Read more »