A key feature of the incentive scheme was a generous feed-in tariff for solar users to sell surplus power back into the national electricity grid at a price guaranteed for 20 years – a model which saw citizens feel they were playing a collaborative role in tackling the energy transition.
SA is a country with immense potential. Yet, the nation finds itself in a profound polycrisis with high levels of unemployment, deep social inequality and a protracted and crippling energy environment. On one hand SA is the most advanced economy on the African continent with a financial services sector and ecosystem that consistently punches far above its weight.
SA’s energy crisis can be summarised in a single problem statement: How do we add enough new generation capacity to give Eskom the headroom it requires to perform necessary maintenance across its coal-fired generation fleet? How did Vietnam do it? Both the public and private sector knew the country could not afford replacing ageing coal power stations and overhauling its transmission and distribution networks. This would result in major disruptions to a society already contending with the harsh realities of global lockdowns and economic contraction.
The pace of transformation has been slower than required, but the independent power producer initiatives are being recognised as some of the best. There is nothing, more pressing or more mission-critical a task than to resolve the energy crisis.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HELL AFFAIRS: High court orders Department of Home Affairs to register birth of stateless man after 10-year battleThe Department of Home Affairs has been given 30 days to register the birth of Tebogo Khoza, a stateless man born in South Africa. The Pretoria high court found that since Khoza first attempted to have his birth and status as a South African citizen recognised in 2013, he had been sent from ‘pillar to post’ by the department — a situation that forced him to live in limbo.
Read more »
MTN and Huawei’s big solar plansThrough its collaboration with Huawei, the MTN Group aims to provide 95% rural coverage by 2025 and achieve net zero by 2040.
Read more »
South Africa’s new rooftop solar tax break kicks in today – what you need to know before installing solarSouth Africa's new rooftop solar tax break kicks in today - what you need to know before installing solar
Read more »
The mission to save the biggest frog on earthHave you ever seen a frog the size of a cat? 🐸 🐈⬛ For decades, the world’s largest frog species has been over hunted for food and the pet trade in Cameroon and Equatorial Guinea. Goliath frogs can be as big as a domestic cat ➡️
Read more »
MOSS L LEOKA | Electricity can only be solved by new power stationsThe $8bn (R147bn) grant from the G7 countries for the so-called 'just transition' is for renewable power, which in our country can only mean solar and wind power. These will not solve our power problems because they are alleviative at best.
Read more »
OPINIONISTA: Development banks must embrace nuclear energyMultilateral development banks have an opportunity to assist developing countries to expand their power supply while curtailing greenhouse-gas emissions as they become increasingly industrialised and urbanised. To this end, MDBs must abandon their reticence about nuclear power and recognise that nuclear can be a green investment that aids the shift away from fossil fuels, complementing wind and solar energy with low-carbon sources that are not dependent on weather conditions.
Read more »