South Africa’s state owned power utility, Eskom, announced on Wednesday that it does not anticipate any electricity outages during the upcoming Southern Hemisphere winter, which runs from April to August.
If realized, this would mark the first winter in several years without power cuts, following a prolonged period of instability in the country’s electricity supply.
In its latest five-month outlook, Eskom said the performance of its power generation fleet has improved significantly, making it more dependable. The utility last implemented nationwide outages roughly a year ago a notable turnaround after a time when blackouts were occurring almost daily.
Eskom’s ongoing electricity challenges have previously slowed economic growth in Africa’s most industrialized nation and forced repeated government bailouts, placing strain on public finances.
Alongside these operational improvements, the company has reported its first annual profit in eight years. It also highlighted reduced reliance on diesel powered emergency generators, cutting costs by about $1.64 billion compared to the previous three years.
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