JABULANI SIKHAKHANE: Shift to private power investment raises risk of policy zigzag
Successive SA governments have fallen short on astuteness and capability to implement policies
08 May 2024 - 05:00
Two energy experts warn of the risks to energy policy that could arise from what they describe as the “tempestuous collection of pressures”, including a weakened state, high unemployment, industrial decline, rising unequal access to and affordability of energy, and the fractious nature of SA politics.
The backdrop to the warning is the shift towards “an unmanaged energy transition led by market forces”, which has taken place in the context of a weakened state that is trying to reform the energy market. The private sector views the shift “as too little, too late”...
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