Eskom's warning: Stage 8 cuts may be 'regular event' by next year

Eskom's warning: Stage 8 cuts may be 'regular event' by next year

- Eskom CEO Andre de Ruyter has warned South Africans that things will likely worsen before they improve

- The state-owned entity has warned that Stage 8 load-shedding will need to be implemented if action isn't taken

- This comes as the power utility attempts to stabilise the grid after years of mismanagement

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Eskom CEO Andre de Ruyter has warned the nation that the power crisis will worsen before it improves.

The state-owned entity is looking towards long-term remedies for the current situation, with De Ruyter emphasising the importance of prioritising maintenance.

The utility has been open about the fact that the repairs and maintenance needed for its fleet of stations will take at least another 18 months.

The issues at Eskom has largely been chalked up to state capture, with maintenance and infrastructure investment neglected.

READ ALSO: President Ramaphosa addresses South Africa over technical recession

Bloomberg reports that for the utility to move forward citizens would have to carry the financial burden of rectifying the stability of power supply.

De Ruyter insisted that the time for action has come and that maintenance should be a priority:

“We have to conduct these maintenance programmes if we are to avoid worse load-shedding in future. The time for an intervention is now. The notion that we can keep the lights on at all costs simply means we will be kicking the can further and further down the road until the inevitable day of reckoning, when the system really falls over, will approach.”

The South African reports that Eskom submitted documents submitted to Parliament insisting that load-shedding will increase if action isn't taken immediately:

“If we do nothing, stage 8 will be a regular event by June 2021."

This is terrible news for the economy, which has entered into a technical recession. Briefly.co.za reported that President Cyril Ramaphosa had listed load-shedding as one of the main factors inhibiting growth.

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Source: Briefly.co.za

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