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Eskom


POWER Digest [February 2021]

Ørsted Gets UK’s Green Light to Build 2.4-GW Offshore Wind Farm. Danish multinational company Ørsted on Dec. 31 received development consent from the UK to build the 2.4-GW Hornsea Project Three…


POWER Notebook: A Week of Trials and Triumphs for Nuclear

The past week saw interesting developments worldwide for nuclear new builds, small modular reactors (SMRs), and advanced nuclear fuel. Highlighted here: A third U.S. utility will use Framatome’s ATRIUM 11…


Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner

Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a…


Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’

Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various…


Financially Flailing Eskom Scrambles to Complete Defect-Ridden Coal Plants

South Africa's state-owned utility Eskom was forced to slash 2,000 MW on a rotational basis nationwide on Oct. 16 and Oct. 17. The newest round of power cuts—the first in…