With resurgent warnings about load-shedding potentially increasing as high as Stage 8 and the possibility of fuel rationing in the domestic market, the Institute for Risk Management South Africa’s (Irmsa’s) ‘Risk Report’ for 2022 states that the South African economy is in for serious energy risks. Eskom COO Jan Oberholzer recently confirmed that the State-owned power utility was using nine-million litres of diesel a day at its open-cycle gas turbines in order to avoid load-shedding or to keep load-shedding at lower levels while its coal fleet is struggling to meet supply.
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