Coal

The new coal power station in Limpopo will only be used by the Chinese – here’s why it’s an ‘irrational’ project

BUSINESS INSIDER <www.businessinsider.co.za/> | BUSINESS <www.businessinsider.co.za/Business> The new coal power station in Limpopo will only be used by the Chinese – here’s why it’s an ‘irrational’ project <www.businessinsider.co.za/the-new-coal-power-station-in-limpopo-will-only-be-used-by-the-chinese-heres-why-its-an-irrational-project-2018-9> Helena Wasserman <www.businessinsider.co.za/Author/Helena%20Wasserman> , Business Insider SA Sep 11, 2018, 06:35 PM
<twitter.com/intent/tweet?via=BusinessInsider&text=The+new+coal+power+station+in+Limpopo+will+only+be+used+by+the+Chinese+%E2%80%93+here%E2%80%99s+why+it%E2%80%99s+an+%E2%80%98irrational%E2%80%99+pr…> <www.businessinsider.co.za/Site/Page/SendToAFriend?articleId=ab4af363-cf6f-4cfe-b56d-884e5a9386eb> The planned new coal-fired power plant. (EMSEZ)
– *President Cyril Ramaphosa has signed a deal with the Chinese to build a new 4,600-megawatt coal power station in Limpopo. * – *The power station will only serve a planned new Chinese-controlled industrial park, which will contain at least 7 metallurgical processing plants.* – *A top energy expert says there is no rational reason to build the coal power station. *
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There has been some confusion in the energy industry this past week after the announcement that a new coal-powered power plant is planned for Limpopo.
According to reports, President Cyril Ramaphosa inked a deal with the Chinese to build a new 4,600-megawatt coal power station during his visit to that country.
This came as a shock <www.fin24.com/Economy/ramaphosas-bizarre-power-plan-20180909-2>, as the brand-new Integrated Resource Plan (IRP) does not include any new coal-fired power plants. See also: Government has trumpeted China’s pledge of R193 billion – but South Africa has invested much more than that in China <www.businessinsider.co.za/south-africa-invests-much-more-in-china-2018-7>
It has since emerged that the planned new power plant, called the “Power China International Energy Project”, won’t produce electricity for South African households and business – it will only be used for a massive new Chinese-controlled industrial park.