Self-generation projects can assist easing electricity supply constraints while improving the competitiveness of the mining sector.
The solar plant at the mine has the potential to provide around 20% of South Deep’s average electricity consumption.
OUTA opposes new nuclear power as unaffordable and inappropriate for South Africa, particularly with the advances in renewable energy,
Following Gwede Mantashe's address at Mining Indaba, a series of headlines appeared saying that "mining companies can generate own power without licenses".
The Eskom board's latest announcements of intentions to appeal a 5% tariff approval does not come as a shock. This is according to Ted Blom, a partner at Mining & Energy Advisors, and former Eskom staffer.
OUTA rejects Eskom’s intention to take NERSA to court to set aside the 5.23% tariff determination following the Utilities’ failed application for a 19.9% increase in 2017.
Nersa's hearings into the Eskom tariff hike request have closed presenting the panel with its biggest headache to date. Of the R66 billion claimed, some R44 billion was a claim for a shortfall of forecast electricity sales, while the balance included cost overruns on production.
The Chamber of Mines opposes Eskom’s application to the National Energy Regulator of South Africa for an increase in electricity tariffs to recover over R 66 billion in losses.
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