Load-shedding predicted to cost sugar industry more than R700m

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 59%

Belgique Nouvelles Nouvelles

South Africa's sugar industry is set to lose more than R700m this year due to load-shedding, according to data compiled by SA Canegrowers.

“Most irrigated growers in KwaZulu-Natal and Mpumalanga operate on a Ruraflex system which allows them to pay a lower tariff for operating during low-demand times.

“But the converse also applies — growers pay a significantly higher rate for pumping during peak demand times. As a result of load-shedding, growers have been forced to irrigate whenever electricity is available, regardless of demand.”“Growers need a minimum of six hours of continuous energy for proper irrigation. As a result of the intermittency of the power supply disrupting irrigation, irrigated growers will lose up to 40% water capacity.

SA Canegrowers’ scenario modelling shows that continuous load-shedding at stages 4-6 will cost growers more than R723m in 2023. “An escalation to stages 6-8 could cost the industry more than R1.8bn. Anything beyond stage 8 could cost the industry more than R2.4bn,” said Russell.restricting load-shedding to stage 4 in irrigated cane growing areas during peak watering season;tax rebates for those investing in alternative energy sources.1-million livelihoods the sugar industry supports.”

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 28. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Loadshedding predicted to cost sugar industry more than R700mLoadshedding predicted to cost sugar industry more than R700m: South Africa's sugar industry is set to lose more than R700m this year due to load-shedding, according to data compiled by SA Canegrowers. And… When they increase their prices, the Competition Commission will be on their back… Damned if they do, damned if they don’t… I wonder if anyone will provide an analysis on the impact loadshedding has had on industry as a whole 🤔
La source: SABreakingNews - 🏆 41. / 51 Lire la suite »