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
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth
