The latest on Eskom financial results: Qualified audit figures for the year ending March 2023 show a worsening EAF sitting at 56%, a rise in municipal debt and declining generation capacity due to unplanned outages. The 280 days of loadshedding so far in 2023 reflect the deteriorating generation capacity availability, with the EAF worsening to 56.03% from 62.02% in 2022. Bringing new generational capacity onto the grid will depend on creating grid access and the necessary transmission grid build-out. Of interestExpanding the transmission grid to make room for more generation capacityMunicipal debt weighs on Eskom financial resultsArrears municipal debt has escalated to R58.5bn, from R44.8bn in the previous year. National Treasury implemented a municipal debt relief programme from 1 June this year.
