Watch: South Africans should expect a worsening 2023 on loadshedding front

Head of capital markets Peter Attard Montalto joins eNCA once again this time to speak on loadshedding and how the failure of Bid window 6 set South Africa back in terms of energy production.

“We are in the middle of January and there is still about another 700MW or so of extra demand coming in so its basically roughly an extra stage of demands coming in as the economy gets back going from Christmas. We have done some loadshedding forecasting through this year based on normal cycles of demand and current levels of outages and you reach up to stage 7 in July, you have a long period of stage 6 now through much of February as well”, says Peter Attard Montalto.

Watch the interview below.