The South African government today took a big step in the direction of clean, renewable energy generation, when it announced favourable new terms for accepting energy generated by privately-owned wind, solar and land-fill gas installations into the national power grid. [Read on]
Anglo American is still concerned about energy security in South Africa, it seems.
Yesterday Samantha Hoe-Richardson, head of energy strategy at the conglomerate, had this to say to conference goers in London:
Anglo American wants to secure its long-term power supplies and considers buying equity stakes in new energy projects.
“We’re looking at a range of options for energy security,” she said at a seminar organised by Women in Mining on Tuesday.
“We’re trying to strip out uncontrollable factors,” she said. Measures include cutting costs and the company’s carbon footprint – and increasing energy supply security.
Anglo American and other miners in the country have been lobbying the government to encourage the use of third-party suppliers as an alternative to Eskom to avoid a repeat of the crisis.
“If Eskom can’t do it, we need others to come in to do it,” she said.
But Anglo does not plan to become an energy producer, she pointed out.
Anglo American lost one week of production in January 2008 in South Africa, when Eskom, the country’s sole power utility, couldn’t meet demand and so forced the country’s mines to close.