New renewable energy deals point to a fundamental shift in South Africa’s energy investment priorities
Ramaphosa reboots South Africa’s renewables programme
New renewable energy deals point to a fundamental shift in South Africa's energy investment priorities
The government of new South African president Cyril Ramaphosa is wasting little time in redefining the country's approach to the energy sector, pushing ahead with an independent power project (IPP) programme for the renewables sector and signalling greater efforts to mobilise gas-fired power projects. A last-minute court challenge from a union is unlikely to slow progress. Energy minister Jeff Radebe said in early March that state-owned utility Eskom would sign agreements for 27 Renewable Energy Independent Power Producer Projects (REIPPPs). The move is an effort to reboot the country's renewables programme, which is still in its infancy, following two years of delays under former president
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells
