Minerals Council welcomes inclusion of private sector in solving SA’s energy crisis - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The Minerals Council South Africa says it welcomes President Cyril Ramaphosa’s recent announcement on the inclusion of the private sector inAccording to the council, the President’s plan to abolish the 100MW licencing cap on private sector renewable energy projects will ensure greater private sector participation to urgently install electricity generation capacity and addressThe council says the mining industry already has 73 projects in the pipeline from 24 mining companies to generate 5.

So far this year, the National Energy Regulator of South Africa has registered 295MW for mining companies.Meanwhile, the National Union of Mineworkers says government’s hasty facilitation of the privatisation of Eskom is economically counter-productive. Num’s energy sector coordinator Khangela Baloyi says government’s determination to privatise Eskom will lead to job losses.

“That’s what we believe. Because when you give the private players to generate electricity, you are taking the market from Eskom. When you lift the threshold of 100 megawatts for companies to be allowed to build their own power station, you are actually taking away the customers of Eskom. [You are] taking away the ability [for] Eskom to make revenue … to make sure that Eskom is bankrupt and then you hand it over to private,” says Baloyi.

Taking our coal to the G7 ... ?

Cyril is the private sector

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