Friday, December 19, 2014 6:36 AM EST

Eskom

Eskom is a South African electricity public utility and the largest producer of electricity in Africa. It is among the top seven utilities in the world in terms of generation capacity and among the top nine in terms of sales.

Eskom operates a number of notable power stations, including Kendal Power Station, and Koeberg nuclear power station in the Cape Province, the only nuclear power plant in Africa. The company is divided into Generation, Transmission and Distribution divisions and together Eskom generates approximately 95% of electricity used in South Africa.

Due to the South African government's attempted privatisation of Eskom in the late 1990s, Eskom's requests for budget to build new stations were denied. President Thabo Mbeki admitted in December 2007 that this was an error, and it is now adversely affecting the South African economy.

In January 2008 Eskom introduced "load shedding", planned rolling blackouts based on a rotating schedule, in periods where short supply threatens the integrity of the grid. Demand-side management has focussed on encouraging consumers to conserve power during peak periods in order to reduce the incidence of load shedding.

Headlines Around the Web

South Africa: Nation Urged to Save Electricity

Jan 31, 2012 - AllAfrica News

South Africa: Power Utility Goes Solar

Nov 22, 2011 - AllAfrica News

South Africa: Greenpeace Confronts Eskom

Nov 08, 2011 - AllAfrica News

South Africa: World Bank Grants Loan to Eskom

Oct 29, 2011 - AllAfrica News

Uganda: Electricity Supply Goes Up

Sep 23, 2011 - AllAfrica News

South Africa: Koeberg Unit Two Shut Down

Sep 07, 2011 - AllAfrica News

Articles About Eskom

My South African Adventure: Power Blackouts Signal our Winter of Discontent [BLOG]

By IBTimes UK

In a country as beautiful as South Africa, you might expect environmentalism to be a big issue. But green is not the colour, says Cath Everett (May 03, 2013)

MORE TOPICS: SOUTH AFRICA, WOOLWORTHS

South Africa's big building plans stall

By Reuters UK

When President Jacob Zuma said last year South Africa would spend $95 billion (61 billion pounds) on roads, ports and railways before 2015, domestic construction firms such as Sanyati should have been celebrating. (Feb 12, 2013)

MORE TOPICS: JACOB ZUMA, SOUTH AFRICA

Indian Stocks to Look for on Jan 14

By Reuters

Indian Stocks to Look for on Jan 14 (Jan 14, 2013)

MORE TOPICS: JAPAN, TELECOMS, INDIA, SOUTH AFRICA, TATA STEEL

South Africa Now Global Leader in Solar Thermal Technology, Result of Queensland Pull Out from Australia’s Largest Sun Power Plant Project

By IBTimes AU

Australian officials were recently crowing about becoming the global leader in solar power generation with the announced roll out of the $1.2-billion Western Downs facility. (Nov 13, 2012)

MORE TOPICS: AUSTRALIA, SOUTH AFRICA

White Supremacist Mike Du Toit Guilty of Plotting Nelson Mandela Assassination

By IBTimes UK

Leader of right-wing group Boeremag also guilty of Soweto bombings in 2002, could face life sentence. (Jul 27, 2012)

MORE TOPICS: AFRICAN NATIONAL CONGRESS, COURT, NELSON MANDELA, SOUTH AFRICA, LAWYER, CONGRESS

Gold Falls 1 pct on Euro Zone Downgrade Talk

By Reuters

Gold fell around 1 percent on Friday, after the dollar surged against the euro and fears about an imminent credit downgrade of euro zone countries prompted bullion investors to take profits on the recent rally. (Jan 14, 2012)

MORE TOPICS: CHINA, GOLD, BNP PARIBAS, SILVER

Gold Eases as Euro Dips, Heads for Weekly Gain

By Reuters

Gold eased on Friday, taking a breather from this week's march higher as the euro dipped and other assets rose, but stayed on track for its biggest two-week rise in two months as investors returned to the market after last month's price drop. (Jan 14, 2012)

MORE TOPICS: CHINA, GOLD, DEUTSCHE BANK, GOLDMAN SACHS, GOLD PRICES, EUROPEAN CENTRAL BANK

Gold Hits 4-week High, India Buying Active

By Reuters

Gold hit a four-week high and broke above a key resistance on Wednesday, defying a stronger dollar, as the festering euro zone debt crisis lured investors to its safety and signs of strong demand from the world's top two consumers also supported. (Jan 11, 2012)

MORE TOPICS: GOLD, INDIA, EUROPEAN CENTRAL BANK, MANAGEMENT, SOUTH AFRICA, SILVER

Gold Rises to 200-Day Moving Average; Platinum Surging

By Reuters

Gold rose towards $1,640 an ounce on Tuesday and other precious metals rallied, with a rebound in the euro versus the dollar making dollar-priced assets more attractive to holders of other currencies, and after bullion breached a key chart level. (Jan 11, 2012)

MORE TOPICS: GOLD, COMMERZBANK, GOLD PRICES, INDIA, SOUTH AFRICA, SILVER

Greenpeace Activists Arrested Over Coal Power Plant Protest in South Africa

By IBTimes

The roughly dozen activists are protesting the construction of one of the largest coal-powered power plant in that country. (Nov 08, 2011)

MORE TOPICS: NEW YORK, SOUTH AFRICA, ADDICTION, UNITED NATIONS