Eskom facts for kids

Kids Encyclopedia Facts
Type Public utility
Traded as Template:JSE
Industry Energy industry
When it was created 1 March 1923; 97 years ago (1923-03-01)
Headquarters Sunninghill, South Africa
Key people Andre de Ruyter
Services Electricity
Money earned

Increase R 179.8 billion (FY2019)

US$ 12.4 billion
Net income

Decrease R-20.7 billion (FY2019)

US$ -1.4 billion
Total assets

Increase R 758 billion (FY2019)

US$ 52.2 billion
Employees Decrease 46,665 (FY2019)

Eskom is a South African electricity public utility, established in 1923 as the Electricity Supply Commission (ESCOM) and also known by its Afrikaans name Elektrisiteitsvoorsieningskommissie (EVKOM), by the South African Government and people of the Republic of South Africa in terms of the Electricity Act (1922).

South Africa became a Republic in the 1960s. Eskom represents South Africa in the Southern African Power Pool. The utility is the largest producer of electricity in Africa, is among the top seven utilities in the world in terms of generation capacity and among the top nine in terms of sales. It is the largest of South Africa's state owned enterprises.

Eskom operates a number of notable power stations, including Medupi Power Station in Lephalale, Kusile Power Station in Witbank, Kendal Power Station, and Koeberg nuclear power station in the Western Cape Province, the only nuclear power plant in Africa. The company is divided into Generation, Transmission and Distribution divisions and together Eskom generates approximately 95% of electricity used in South Africa, amounting to ~45% used in Africa, and emits 42% of South Africa's total greenhouse gas emissions.

In 2019, it was announced that Eskom was to be split up into three distinct nationally owned entities due to huge debts and poor reliability of supply.

Eskom Facts for Kids. Kiddle Encyclopedia.