Why Eskom’s Power Crisis Is South Africa’s Top Risk
A perennial crisis at South Africa’s monolithic electricity supplier, Eskom Holdings SOC Ltd., jeopardizes the nation’s entire economy. The state-owned utility can’t cover its costs and make interest payments on its mountain of debt, leaving it reliant on a series of government bailouts to stay afloat. The country has suffered intermittent power cuts since 2005 because dilapidated power plants can’t keep pace with demand. Now the government is splitting Eskom into three entities in the hope of rwashingtonpost.com
Mecklenburg Electric still reconnecting customers in Southside Virginia
GRETNA, Va. – The storm clouds are long gone from Southside Virginia, but crews are still cleaning up the damage the freezing rain left behind. Mecklenburg Electric Cooperative estimates up to two-thirds of its customers in Halifax and Pittsylvania County were without power at some point after this past weekend’s ice storm. “I’ve been here for more than 30 years, but we’ve seen more damage from this storm than most of us here can remember,” said Mecklenburg Electric Cooperative’s David Lipscomb. AdLipscomb said the ice made it especially challenging to repair power lines, and he’s grateful Thursday’s ice storm did not cause more complications. “Thursday’s storm had the potential to make us have to start all over again.”Lipscomb believes Mecklenburg Electric will have all of its customers reconnected by the end of the weekend.