SA can decarbonise by 2050 at R3-trillion cost, says report🔒
To do so, it needs to speed up its development of renewable energy capacity by adding at least 4GW of installed power from renewable sources each yearSA can fully decarbonise its energy system by 2050 though it will require at least R3 trillion in investment over the next three decades to transition away from fossil-fuels.
That’s the finding of a new report released on Wednesday by the National Business Initiative , Business Unity SA and Boston Consulting Group , which found that transitioning SA to a net-zero power system would require approximately 150 Gigawatts of wind and solar capacity to be deployed by 2050.
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