n Without Prejudice - Captive power - an energy solution for the mining sector : energy law
|Article Title||Captive power - an energy solution for the mining sector : energy law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 Webber Wentzel, 2 Webber Wentzel, 3 Webber Wentzel, 4 Webber Wentzel and 5 Webber Wentzel|
|Publication Date||May 2016|
|Pages||31 - 32|
The mining industry is under increasing pressure to consider alternative means of power supply. The industry is faced with the effects of a growing energy deficiency as evidenced by the recent approval by NERSA of an Eskom tariff hike exceeding 9% and energy supply constraints to the mining industry and resulting losses in excess of R1.3 billion, as reported by Consultancy Africa Intelligence. Mining companies are looking inwards and exploring solutions that allow for independent electricity generation in mitigation of what EY, in its 2015 - 2016 report on business risks facing mining and metals, ranks as one of the top ten business risks in the mining industry - inadequate access to energy.
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