SA’s diesel market faces a glut as Eskom’s much improved operational performance has seen the power producer cut expenditure on the fuel for backup power.
Eskom has spent more than R60bn on diesel in the past five years as it struggled to keep the its coal-fired plants running, forcing it to use open-cycle gas turbines to generate energy, However the state-owned utility said in update last week that it had reduced diesel expenditure by more than R10bn, compared to the same period last year...
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.