[miningmx.com] – ESKOM required an additional R15bn in revenue to be derived from an increase in the tariff or the country’s economy would pay a higher price owing to load-shedding, said BDLive citing Brian Molefe, CEO of the power utility.
“If South Africa is not prepared to cough up R15bn more for diesel, the cost of load shedding will be far higher than that,” said Molefe at the utility’s quarterly state of the system address.
“For the next two years we need to find this money to avoid or minimise load shedding,” Molefe added. Eskom uses the expensive 2,000MW diesel burners to generate electricity during peak periods to avoid load shedding.
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