Renewable energy sector sourcing specialist skills for long-term growth

The renewable energy sector is preparing for the August 16 close of submissions for Bid Window 5 of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), as well as the next two bidding rounds, by sourcing specialist skills to deliver on renewable energy projects, says South African Wind Energy Association (SAWEA) CEO Ntombifuthi Ntuli. “We are anticipating jobs in manufacturing, logistics, finance, construction and operational phases. These comprise professional services, business services and sales.
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South Africa needs to commit to transitioning to net-zero by 2050 – report

As a country with one of the most emissions-intensive power sectors in the world, and as a nation that is particularly vulnerable to the impacts of climate change, South Africa needs to commit to find ways to transition to a net-zero emission economy by 2050, National Business Initiative (NBI) CEO Joanne Yawitch asserts. She notes that, in particular, the country needs to understand the need to transition its economy and to decarbonise, as well as to build resilience to the impacts of climate change.
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Sixth IPCC climate assessment important for international climate policy – DFFE

The sixth assessment by the Intergovernmental Panel on Climate Change (IPCC) is an important contribution to enhancing scientific understanding on climate change that must inform international policy at the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP26) in Glasgow, Scotland, in November, says Forestry, Fisheries and the Environment Minister Barbara Creecy.

“Climate action remains a national and international priority and South Africa remains firmly committed to contributing our best effort towards the global cause of addressing climate change.

“In this regard, we will be submitting our revised Nationally Determined Contribution to mitigate greenhouse-gas emissions to the UNFCCC ahead of COP 26.”

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Treasury publishes draft renewable energy premium rates

To allay uncertainties associated with the renewable energy (RE) premium rates of the Carbon Tax Act, the National Treasury has published a new draft RE Premium Notice, proposing the removal of the limitation of the tax period for which the RE premium rates would be applicable.

The Carbon Tax Act came into effect in June 2019 to help ease the electricity sector transition and to further promote investment in renewable energy, thereby provisioning for electricity generators to offset additional purchases of renewable electricity against their carbon tax liability for the first phase of the carbon tax until December 31, 2022.

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