No more time for talk when it comes to secure electricity
The use of renewable energy is increasing rapidly in SA, driven, as in the rest of Africa, by rapidly falling technology costs
A recent report by the Council for Scientific and Industrial Research (CSIR) shows the urgency of signing off on significant policy and regulatory decisions by at least March 2020 to ensure sufficient electricity supply for the country’s economy.
2019 was SA’s worst year of load-shedding to date and cost the economy between R60bn and R120bn. Unless major changes are made, we may be in for even more severe power cuts ahead. The CSIR points out that the energy shortfall is even bigger than assumed in government’s Integrated Resource Plan 2019 (IRP), which already identified significant capacity and energy shortages in the short to medium term. ..