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South Africa’s Power Giant Lays Out Plan to Move Away From Coal

Eskom official has said transition could cost $10 billion
South Africa is world’s 12th-biggest greenhouse-gas producer

Electricity transmission pylons near Eskom Holding’s Komati coal-fired power station, in Mpumalanga, South Africa. — Electricity transmission pylons near Eskom Holding’s Komati coal-fired power station, in Mpumalanga, South Africa.
Photographer: Waldo Swiegers/Bloomberg

By

Antony Sguazzin

July 30, 2021, 9:48 AM UTCUpdated onJuly 30, 2021, 1:43 PM UTC

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Eskom Holdings SOC Ltd. Chief Executive Officer Andre de Ruyter laid out a funding plan to help the company, which generates the bulk of South Africa’s power from coal, transition away from the use of the dirtiest fossil fuel.