"This crisis, discussed in more detailed below, came to a head
overnight when South African utility Eskom - which is not only the
largest producer of electricity in South Africa but in all of Africa,
and is among the top utilities in the world in terms of generation
capacity and sales - and which has been forced to implement power cuts
every day this year as its fleet of old and defective coal-powered
stations frequently breaks down, reached an unprecedented level of power cuts, indicated by the company spokesman.
The
company cut 7.045GW from the grid through load shedding so as to keep
the grid from a total collapse, Sikonathi Mantshantsha said in a post on
Twitter."in practical terms, it means households losing power 3 times a day, each time lasting ~3 hours" or a total of 9 hours without power every day. Economists polled by Bloomberg predict the economy shrank in the final
quarter of 2022 and that it’s on course to contract in the three months
through March largely because of the sustained power cuts." ZH
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