What was discussed in the * Rocktalk interview also reflects the recent ruling made by SA High Court regarding the overturning of a major coal fired power station's environmental approval. This has freed up US$825.3 million of funding that would have otherwise been allocated to the plants build.
https://www.afrik21.africa/en/south-africa-pretoria-cancels-thabametsi-coal-fired-power-plant-project/
Ask yourself where the energy is coming from? Environmental impact of coal along with the avg SA electricity price being $0.19 per unit (higher than Australian pricing!) is pushing the continuation of coal power generation out... Fair to say there's increasing evidence that it's not more coal, IT IS GAS !!!
Periods of the highest load shedding to date, COVID-19 economic recovery via streamlining and mobilising local energy projects and the need for quick clean energy is playing straight into the hands of KKO.
