This is according to the Sunday Times, which spoke to de Ruyter about self-generation in South Africa.
Although mines provide a large chunk of Eskom’s revenue, he acknowledged that in the near term it will be beneficial if the mining industry generated its own power.
“I’m not that concerned about it because I think in the short term that would be a positive development, because it allows us access to electricity that is currently being generated. We can then use it to add to our own supply,” said de Ruyter.
Having access to more power would allow Eskom to perform maintenance on its infrastructure. It would also prevent mines from having to stop operations due to a lack of power.
The report stated that Anglo American Platinum had been hit by R742 million in lost production due to load-shedding in 2019. Read more......