EDITORIAL: State has been fiddling at the fringes of the energy sector
Increasing the licensing threshold for self-generation will unlock capacity and create jobs
02 March 2021 - 05:10
Across the many industries calling for reform that will unlock growth, the energy sector stands out as an exception that seems to have genuine momentum behind it.
This was highlighted again when, last week, the National Energy Regulator of SA (Nersa) awarded a licence for Gold Fields to generate its own power for its South Deep mine. The mine, Gold Fields’s remaining asset in SA, has been struggling to produce gold profitably and in 2019 the company said an electricity bill of more than R500m had forced it to seek alternatives. ..
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