Exxaro Resources and Eskom signed a Memorandum of Understanding (MoU) to collaborate on strategic projects to reduce carbon emissions, air quality and the Just Energy Transition.
Through this MoU, the two, will jointly measure, manage, and reduce Scope 1, 2, and 3 emissions, and also invest in innovative technologies to drive decarbonisation.
Speaking at a media briefing, on Monday, the 14th April, Ben Magara, CEO of Exxaro Resources, said “this collaboration marks a significant step forward in our commitment to enabling a just transition (known as an impactful transition at Exxaro) and building a climate-resilient, and low-carbon future. By leveraging our deep experience in the diversified mining and energy solutions sectors, we aim to drive innovation that not only decarbonises and reduces air pollution in our operations but also delivers meaningful socio-economic benefits for the communities we serve. The collaboration with Eskom is important as we work to accelerate practical and scalable solutions that support South Africa’s energy security and environmental ambitions as part of our purpose of Powering Better lives in Africa and beyond.”
The initial focus in the collaboration will guide the necessary investments and stakeholders needed to find technology-based solutions to the challenges associated with the transition to a low-carbon economy, aligned with country’s Integrated Resource Plan (IRP).
Dan Marokane, Group Chief Executive, Eskom, said “both organisations are committed to driving the transition to a more sustainable energy future while ensuring the country’s electricity supply remains secure and we wanted to bring together our decades of experience in the coal value chain to explore practical, scalable solutions. This initiative forms part of Eskom’s focus both in this country and internationally to identify the latest developments and strategies to reduce carbon emissions and other air pollutants.”
Picture of Ben Magara (left) and Dan Marokane (right), supplied by Exxaro.