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What Eskom crisis meeting means for load shedding

Eskom remains the single largest threat to South Africa’s economy.

The board of Eskom on Monday convened an urgent meeting with the company’s executive management and the Minister of Public Enterprises, Mr Pravin Gordhan, following the unexpected introduction of load shedding from this past Sunday.

Read: Load shedding – outlook not good

The power utility says the initial schedule was to implement stage 2 load shedding on Monday as a result of generation shortages over the weekend and constraints in diesel supply. However, Eskom had implemented stage 4 load shedding by Monday afternoon. 

The escalation from stage 2 to stage 4 load shedding was caused by a further seven generating units that tripped within a period of five hours. 

Energy analyst at EE Publishers Roger Lilley, says not only is the country spending a lot of money on issues at Eskom, but that the SA economy is also losing billions to load shedding daily. 

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