South Africa’s Eskom extends load shedding, set to have knockon effect on coal demand

摘要

London—South Africa’s Eskom has extended Stage 2 power outages in the “best efforts to return more generation units to the national grid” and “lessen its impact on morning traffic,” the power utility said in a statement. The cuts, known locally as “load shedding”, were first announced and implemented on July 10 and were expected to last for only one day. The Stage 2 cuts continued through July 11 and July 12. “We have almost reached shut down,” one South African-based analyst said.