Mteto Nyati stays as Eskom shifts from load shedding to ‘Eskom 2.0’
Cabinet has extended Mteto Nyati’s tenure as Eskom board chair for another three years, tasking him with steering the power utility into its “Eskom 2.0” era as it transitions beyond the load-shedding crisis.
South Africa's Minister of Electricity and Energy, Kgosientsho Ramokgopa, has announced the extension of Mteto Nyati's term as Eskom's board chairperson for another three years. This decision comes as the power utility transitions into a new phase known as "Eskom 2.0". During a media briefing, Ramokgopa highlighted the need for continuity in steering Eskom through this shift from stabilizing electricity generation to navigating a more competitive and liberalized energy market.
He emphasized that Nyati's team of board members and technocrats would continue to lead the utility in developing a three-to-five-year roadmap covering generation fleet, transmission expansion, renewable energy, nuclear, and gas strategies, customer service, regional expansion, and measures to cut losses and improve efficiency. Ramokgopa also expressed confidence in the utility's ability to become financially sustainable without relying on repeated fiscal support or steep tariff increases.
Under the new mandate, artificial intelligence is expected to play a more significant role in Eskom's operations, including demand and weather forecasting and reducing technical losses. Ramokgopa acknowledged Nyati's contributions during Eskom's challenging period, including the implementation of measures to end load shedding, and credited him for helping the utility achieve its recent profitability and improved Energy Availability Factor of 65.16%.
Written by urgent.news from IOL's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
