Aug 14

South Africa’s electricity minister defends Eskom’s R3bn-a-month diesel habit

South Africa’s electricity Minister Kgosientso Ramokgopa has defended Eskom’s R12.4 billion diesel spend over the past four months, saying fuel needed to be burned to protect SA’s economy.  “What we are sharing with you is nothing outside of what we had promised,” the minister said at his regular Sunday briefing. “We did say that [burning diesel] is going to come at great cost to the fiscus.” News 24 reports that since the beginning of April, the power utility has spent R12.4 billion on either burning diesel at its peaking plants or buying electricity generated from independent producers using diesel.