Greenpeace study recommends Eskom sell its coal-fired power stations

A study commissioned by Greenpeace Africa recommends that State-owned Eskom, as part of its reform, gradually spin out its coal-fired power generation activities to new generation companies that will operate the power plants for the remainder of their operating lives. Greenpeace had commissioned energy economist Professor Dr Uwe Leprich to compile the study, titled ‘Eskom: A roadmap to powering the future’, as it believes the utility needs a new business model, given that its debt is approaching R500-billion and that the South African economy is contacting.