https://www.miningweekly.com
Energy|Gold|Lifting|Power|Projects|Solar|Underground
Energy|Gold|Lifting|Power|Projects|Solar|Underground
energy|gold|lifting|power|projects|solar|underground

Intensive energy users had better get a move on to avoid huge carbon tax bills

2nd July 2021

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

It was astonishing to hear Harmony Gold express fears of being carbon taxed up to R80-million by 2023 and R250-million by 2030. The owners of deep level mines are going to have to move fast to produce their own clean power and get rid of diesel underground.

The irony is that Harmony has been asking for permission to produce solar power in the Free State since 2017 but has yet to have projects approved by Nersa. How unfair of government to slow things down to a snail’s pace on the renewable permission side and then hit energy-intensive users with carbon tax on the other.

The lifting of the cap by President Ramaphosa has at least opened the way for own and embedded clean energy generation up to 100 MW. But it is essential that wheeling arrangements are now accelerated to make major generation projects economic and flexible.

To watch Creamer Media's latest video reports, click here
 

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Showroom

Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 
Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On The Air (19/07/2024)
19th July 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.159 0.201s - 126pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: