SA 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 (NBI), Business Unity SA (Busa) and Boston Consulting Group (BCG), which found that transitioning SA to a net-zero power system would require approximately 150 Gigawatts (GW) of wind and solar capacity to be deployed by 2050. That’s almost four times the total capacity of SA’s existing coal-fired plant network, according to the “Power Sector Decarbonisation Report”, which is part of the NBI’s Just Transition and Climate Pathways project...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now