The leading coal exporter is not giving up, even as local logistics constraints and falling prices bear down on sales
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.The 2019 iteration of the IRP envisioned that Eskom would decommission about 24 100 megawatts of coal-fired capacity by 2034. , Ndlovu added: “People say, ‘We should accelerate getting rid of fossil fuels by 2030’ — as if that is going to happen.
Ndlovu — who, as well as heading up South Africa’s leading coal exporter, also serves as the chairperson of FutureCoal — said the proposed postponement “is good news for our people”.noted that Eskom burned 102.4 megatonnes of coal in its 2022-23 financial year. “If the planned decommissioning of 24 100MW by 2034 were to remain a policy priority, the demand for coal by Eskom would be radically reduced.
Meanwhile, coal miners have also had to contend with a wave of negative sentiment against the commodity, which has affected long-term investment in the industry, the Mineral Council noted.
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