Eskom’s Phakamani Hadebe on addressing coal supply challenges, corruption

Eskom, South Africa's power utility, recently held a media briefing to provide an update on its coal supply challenges and operational status. In the briefing, Eskom CEO Phakamani Hadebe discussed various key issues, including corporate governance, coal supply challenges, load shedding, coal explosions, debt collection, tariff increases, corruption, and the use of diesel. Hadebe highlighted the progress made in improving liquidity and reducing costs, with a focus on long-term sustainability. Eskom has signed contracts with key strategic partners to increase coal stock coverage and address supply challenges. However, the utility continues to face difficulties, particularly with coal supply delays and coal explosions at power stations. The issue of debt collection from municipalities remains a challenge, with escalating non-payments affecting Eskom's financial stability. Hadebe also addressed the tariff increase applications, emphasizing the need to balance cost reduction and revenue generation. Additionally, efforts to address corruption within Eskom have led to disciplinary processes for those found guilty. Finally, Hadebe discussed the use of diesel as a short-term solution to ensure electricity supply while focusing on improving maintenance to prevent system failures. Despite the challenges, Eskom is working towards sustainable solutions to meet the country's energy demands.