Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Matt Smith
10 September 2020
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Dogma undermines South Africa’s renewables push

As blackouts worsen, government launches flawed emergency power procurement plan and fails to liberalise sector

South Africa has committed to reducing its reliance on coal-fired power plants, but unless the government liberalises the energy sector a decisive switch to renewables seems improbable. Pretoria, in its Integrated Resource Plan 2019, set binding targets to cut installed coal capacity from 39.1GW in 2018 to 33.8GW in 2030. Over the same period, South Africa also wants to quintuple solar PV to 8GW, raise wind sixfold to 11.4GW and triple gas/diesel to 11.9GW. But overseeing this transition is state utility Eskom, which has debts of ZAR454bn ($27bn) that it cannot repay and has been mired in corruption and incompetence for decades. In short, it lacks the financial resources, knowhow and investo

Also in this section
Energy cost surge fires up debate over EU ETS
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
Letter on carbon: Capturing Europe’s elusive CCS potential
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
Outlook 2026: The case for carbon stewardship
Outlook 2026
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment
Outlook 2026: Carbon capture in the US – Milestones and the road ahead
Outlook 2026
2 January 2026
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search