Gwede Mantashe backs coal and nuclear in SA’s energy mix

SA’s coal industry has a lifeline now that the government’s energy portfolio is under Gwede Mantashe, the mineral resources and energy minister.

Eskom has debt of more than R400bn and, in February and March, implemented damaging power cuts, removing up to four gigawatts of power supply at a time, damaging the economy. The ANC’s head of economic transformation, Enoch Godongwana, told Carte Blanche that the decision by the banks gave weight to the party’s thinking around potentially forcing pension funds to invest in development projects that would benefit the country’s economy.

The IRP outlined coal-fired energy supplying 46% of SA’s energy mix by 2030, with growing supply from solar, hydro and wind sources. As it stands now, coal-fired power plants have installed capacity of 38GW compared with the 14GW coming from alternative sources, including gas- and diesel-fired turbines.

And globally coal is so yesterday, to me phased out and adding to global warming

This is madness

When you are in debt and only want to wear Nike and designer labels....focus on solar at least in the mix please!!!!

The Darling of the Mining Industry,Minister Mantashe.

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