Eskom board member Clive Le Roux says the State-owned company will be in a better position financially by selling electricity to the ferrochrome smelters at 62c/kWh than if that demand was lost through smelter closures. “The reason for that is as the demand comes down, so the marginal cost of supplying energy into a lower-demand economy comes at a lower marginal price.
As Operation Vulindlela continues to move forward, the latest dashboard indicates that 67% of the reform progress is on track, while 7% of the reform work has been completed, 6% facing significant challenges and 20% delayed. With regard to energy reforms, the report indicates that, while 60% of reform progress in the sector remains on track, 20% still requires intervention.
State utility Eskom said on Wednesday that it expected to implement no power cuts during the southern hemisphere winter months from April to August as its power station fleet had become more reliable. Eskom gave the forecast in a statement on the electricity outlook for the next five months.
INDUSTRY NEWS
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 61 956 6772
Email: info@transfix.co.za
