system32
Executive Member
- Joined
- Dec 29, 2009
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Citation needed.Not quite, but close. Coal is around 26c/kWh ave. Nuclear fuel around 8c.
Various sources I read say 42c for raw coal "Eskom’s average cost of buying coal in the past financial year was 42c/kWh"
See https://www.dailymaverick.co.za/art...outh-africas-recent-renewable-energy-auction/
The bid window 5 results announcement signals a renewed commitment. Prices of awarded projects are extremely competitive — as low as 34.4c/kWh (about $0.02) for onshore wind and 37.4c/kWh for solar PV. The average price for projects in the previous bid window was R1.03/kWh (about $0.07) in April 2021 terms. The prices are now competitive with Eskom’s average cost of buying coal in the past financial year: 42c/kWh. And, of course, Eskom has the additional cost of running coal plants.
Thus, it is now theoretically cheaper for Eskom to buy renewable energy from independent power producers than to run its more expensive coal power stations.