World grid revamp may raise SA costs, Eskom chair says

World grid revamp may raise SA costs, Eskom chair says

Global demand for transmission lines will affect the affordability of South Africa’s plan for a 440 billion-rand ($25.4 billion) national power-grid upgrade, according to the chair of the state-owned utility. Eskom expects to install 14 000 kilometres of lines over the next decade to connect more renewable-energy plants at a time when the utility is looking to expand a clean-power unit and cut costs overall. Similar grid expansions across the gl…