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RE: LeoThread 2025-06-01 15:20

in LeoFinance4 months ago

Part 9/10:

As of 2024, Eskom still faces an uncertain future, burdened by over R400 billion (around $25 billion) in debt. Despite attempts to stabilize operations, the government continues to bail out the company without addressing the underlying issues. An impending power crisis looms as old coal plants retire, and demand continues to grow.

While the potential path toward incorporating renewables has gained traction post-2023, the enduring legacy of coal undercuts haste to transition fully. The power shortfall expected in the next 25 years amplifies the necessity for a significant operational and structural overhaul within Eskom.

Conclusion