NEWS ANALYSIS: Runaway coal price is Eskom’s own doing
As Eskom buckles under the weight of escalating costs, the government has called on coal suppliers to cut their ever-increasing prices
07 October 2019 - 05:04
SA’s monopoly power utility, Eskom, buys about 60% of SA’s coal to feed its 15 insatiable coal-fired power stations that consume 120m tons of it a year.
Now, as Eskom buckles under the weight of escalating costs, the government has called on coal suppliers to cut their ever-increasing prices. The embattled utility would do well to recognise that its hefty coal bill is largely its own doing...
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