Clean Energy Should Fill The Eskom Void
Finweek English|6 February 2020
As Eskom struggles financially, independent power producers should be allowed to step up and fill the electricity-generation gap.
Thobelani Maphumulo
Clean Energy Should Fill The Eskom Void

The domestic electricity supply has experienced unendurable volatility in recent years, adversely affecting economic performance. This has stimulated the discourse about energy security and electricity-generation technologies.

On the whole, the energy policy framework should be underpinned by these five considerations: electricity demand outlook, low carbon emissions, sufficient reserve margin, investments and job creation. The department of energy’s integrated resource plan provides guidelines on the character of the energy sector in the years ahead. To a great degree, government subscribes to the fidelities of clean energy.

South Africa is one of the top emitters of carbon dioxide in the world due to Eskom’s coal-fired power stations and Sasol’s coal-to-liquid plants, located in Mpumalanga. These two companies account for more than 50% of the country’s carbon emissions.

The 2015 Paris Agreement’s central effort is to keep global average temperature increases below 2°C above the pre-industrialisation level. Average global temperatures are rising at a disquieting rate, expected to reach 4°C at the end of this century. It is imperative to reduce the role of fossil fuels – coal-fired power stations and gas (methane releases carbon when it burns) – in the global electricity-generation mix. Currently, solar and wind technologies contribute a third to global electricity generation; the target contribution is 50% by 2050.

Bu hikaye Finweek English dergisinin 6 February 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Finweek English dergisinin 6 February 2020 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINWEEK ENGLISH DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
THE HEALTH OF SA'S MEDICAL SCHEMES
Finweek English

THE HEALTH OF SA'S MEDICAL SCHEMES

As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.

time-read
7 dak  |
5 November 2021
The effect of Gilbertson's departure
Finweek English

The effect of Gilbertson's departure

With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.

time-read
3 dak  |
5 November 2021
Making money from music
Finweek English

Making money from music

Why investors are increasingly drawn to the music industry.

time-read
3 dak  |
5 November 2021
Conviction is key
Finweek English

Conviction is key

Sandy Rheeder plays a critical role in Mukuru’s mission to open up financial services to the emerging consumer market in Africa through tailor-made technology solutions and platforms.

time-read
5 dak  |
5 November 2021
The post-pandemic toolkit
Finweek English

The post-pandemic toolkit

How CFOs can use technology to support growth.

time-read
4 dak  |
5 November 2021
Big city living exodus
Finweek English

Big city living exodus

Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.

time-read
3 dak  |
5 November 2021
Big compact, big value
Finweek English

Big compact, big value

Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.

time-read
3 dak  |
5 November 2021
On barriers to entry
Finweek English

On barriers to entry

There are various ways in which a company or sector can achieve competitive dominance. They usually make for good investments.

time-read
2 dak  |
5 November 2021
Fear and greed in one index
Finweek English

Fear and greed in one index

To buck the trend, when markets are hot or cold, is a tough thing to do. However, it can deliver solid returns.

time-read
3 dak  |
5 November 2021
Africa's largest data centre facility coming soon
Finweek English

Africa's largest data centre facility coming soon

Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.

time-read
3 dak  |
5 November 2021