South Africa’s highly successful programme to procure renewable energy from independent power producers skidded to a halt after the Eskom board decided to stop issuing so-called budget quotes, required for financial close on these projects
Browsing: Thembani Bukula
Revelations that electricity from Eskom’s Medupi power station could come in at an estimated 97c/kWh suggest SA could have got better value from renewable technologies such as wind. The power utility told parliamentarians that finance charges on its new power stations would be an estimated R25bn for Medupi in Limpopo