Mining sector capable of solving Eskom crisis - Minerals Council
Minerals Council South Africa says it ready to assist government in its efforts to solve the energy and load shedding crisis.
On Monday President Cyril Ramaphosa announced an energy action plan which government believes has the potential to end rolling blackouts and fundamentally transform the electricity sector in South Africa.
The plan also leans on the private sector to help with the generation of more electricity.
The Minerals Council’s Allan Seccombe says the decision to abolish the 100MW licencing cap on private sector renewable energy projects will ensure greater private sector participation.
“The mining industry already has a pipeline of 73 projects from 24 mining companies to generate 5.1GW (5,116MW). The value of these projects is more than R65 billion.
“Eskom has said it needs between 4000 to 6000 MW in additional capacity to come online to do maintenance on its plants. The mining industry is capable of assisting in that almost by itself.”
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