eskom plans first major battery storage project - battery energy storage

As President Cyril ramafusa seeks to increase the use of renewable energy and reduce the country's reliance on coal, Eskom is planning its first major battery storage project.
Prince Moyo, general manager of Eskom power delivery Engineering, told Reuters that the battery storage project will be promoted in 90 locations in stages and the first phase of bidding will be held early next year.
"At this stage, the focus is on storing energy for the benefit of all our customers.
"The purpose is to ensure the safety of the power supply," Moyo said . ".
Although 1440 MW of battery projects per day are able to store less than 1% of Eskom's total power generation, this is a sign that utilities are delivering on their priority development commitments for renewable energy companies.
The project should also contribute to the smooth development of relations with the World Bank, which has been frustrated by the slow progress of renewable energy plans since its approval of $3 billion (
R43 billion or so)
Loans to support green energy in 2010.
Eskom has joined global companies such as oil giant BP and GE in investing in battery storage and is working on a new long-term plan
A long-term strategy to assess whether its business model is sustainable.
Shortly after the ramafusa replacement scandal, the utility has appointed new management --
In December, South Africa's ANC leader Jacob Zuma was in trouble, and after a period of sharp economic decline, he was trying to rescue the company.
It reported r2.
After a loss of 3 billion per cent in the most recent fiscal year, the company said it was considering selling non-
Core assets and layoffs.