In its ‘Coal 2021’ report, published on December 17, the IEA states that electricity generation from coal is forecast to jump by 9% in 2021, to a record 10 350 TWh.
MD Compton Saunders says the wind power industry is expected to drive an estimated R40-billion of investment each year over the next decade, with a fairly large percentage to come from the economic benefits of stimulating the local value chain.
The Gas Masterplan, once developed, will serve as a policy instrument, providing a roadmap for taking strategic, political and institutional decisions, which will guide industry investment planning and coordinated implementation.
This is attributable to a 38.2% decrease in gross profit when compared with the comparative reporting period of 2020.
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