RIYADH: Inconsistency globally across the energy sector prevails. On a macro level, California is looking ahead to a summer of discontent as an energy crisis threatens the state's ability to keep the lights on during the summer season given its current capacity.
At the other end of the spectrum the 2015 Iran nuclear deal is one step closer to deadlock. On a micro level, South Africa’s Eskom has managed to curb power cuts amid a recovery.
Looking at the bigger picture:
·California has released forecasts for the electrical grid that indicate that the state lacks adequate capacity to keep the lights this summer, Reuters reported, citing energy officials.
This will be especially true if the state suffers from any heatwaves, wildfires, or other unprecedented events.
·The EU’s Iran nuclear talks coordinator Enrique Mora is set to pay the Middle Eastern country a visit on Tuesday to take a step closer to sealing the long-awaited 2015 deal, Reuters reported.
This comes after talks to revive the deal have been on hold since March after Iran asked the US to remove the Islamic Revolutionary Guard Corps from its list of US Foreign Terrorist Organization.
Through a micro lens:
·South African public electricity utility Eskom has suspended power cuts on Saturday - 48 hours earlier than anticipated-, Bloomberg reported.
This follows reports that the power systems have recovered to the point where rotational blackouts can come to a halt.
