Producer needs 80MW at South Deep mine and has issued a request for solar energy proposals to reduce its dependence on Eskom GOLD Fields would decide by the end of the year on a solar project to give it half the power it needed at its South Deep mine, reducing exposure to Eskom’s ageing plants, said CEO Nick Holland.Gold Fields, which has only the South Deep mine in SA, needs 80MW at the plant, and the company has issued a request for proposals."We’ve have been running through the process of getting those in and working through them. I would like a clear strategic direction by the end of the year and (to ) make a decision by then," Mr Holland said."One of the reasons we’ve not had load shedding is because economic growth is fairly low, and that will change sooner or later."We need to keep an eye on the future supply risk, particularly given the fact a sizeable proportion of Eskom’s capacity is beyond mid-life. That worries us," he said. "We’d be helping the country to reduce our lo...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.