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Koko unpacks Eskom’s renewable costs, but experts disagree

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Cape Town – Eskom acting CEO Matshela Koko has revealed how renewable energy costs are suffocating Eskom’s finances, but energy analysts have queried the science behind his calculations.

Koko and a team of Eskom experts last week gave Fin24 a presentation detailing Eskom’s power costs on any given day, revealing how they have to use “expensive” renewable power before using their own “cheap” coal power.

His presentation followed Fin24's story, 5 reasons why Eskom is wrong about renewables costs – CSIR, which was a reaction to Koko's statement that renewable energy costs the South African economy R9bn a year.

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