If Karpowerships were delivering their gas-fired power onto the SA grid today, they would be doing so at a whopping R6 per kilowatt-hours (kW/h), a prominent energy analyst says.
While the price bid by other projects awarded under the government’s emergency power procurement programme, and the escalation of the price, was largely linked to inflation over 20 years, Chris Yelland, an energy analyst and MD at EE Business Intelligence, said 60% of the Karpowerships price bid is linked to the rand/dollar rate of exchange, as well as the price of the fuel — liquefied natural gas (LNG) — in dollars. ..
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.