GABRIEL MAKIN AND FRANS CRONJE: Fixing the electricity crisis could lead to high growth economy
To reach a zero load-shedding baseline a further 4,000MW-6,000MW must be added to the grid in the near term
01 June 2023 - 05:00
Last week the Social Research Foundation released an assessment of the electricity position in SA and proposed a route first to resolve the load-shedding crisis, and then to put the country on an energy track capable of sustaining an economic growth rate of 5% of GDP.
The assessment concluded that both objectives can be met within 12- and 60-month time frames respectively, while placing the country in a position to complete a 240-month transition to a clean energy future. ..
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