Thursday, December 1, 2022
HomeNewsAfricaThe endless coal conundrum and the $8.5bn plan to remove it

The endless coal conundrum and the $8.5bn plan to remove it

For South Africa, 2022 has been an annus horribilis, at least in terms of energy. The country has never experienced such major load shedding (up to eight hours of blackouts a day), due to a fleet of antiquated coal-fired power plants. Eskom, the state-owned electricity company, has been plagued by non-payment, poor governance, predatory behaviour and is burdened with a debt of R392.1bn (€22.1bn).

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