There is a critically important debate taking place about future power-generating sources as set out in the Integrated Resource Plan (IRP) 2016. The outcome will determine whether SA faces a dark future of slow economic growth and rising unemployment or the potential of achieving high, sustainable economic growth that helps in reducing poverty, inequality and unemployment. The differences between the IRP’s supporters and those with a contrary view arise over whether the country selects a reliable, secure and stable source of electricity at the lowest possible price or not. Electricity growth is necessary but not a sufficient condition for economic growth. High and sustainable economic growth can only be achieved if supported by other economic, social and political policies. Unfortunately, this appears to have become a debate between fact and fiction. The facts are simple truths and logical argument, which are often deliberately not mentioned or insufficiently emphasised. It is perfe...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.