Africa has prime opportunity to provide commodities usually supplied by Russia

As Western Europe accelerates a structural transition away from Russian energy dependence, Africa will play a salient role in filling this void, says Oxford Economics Africa (OEA). During a webinar on March 29, the research company unpacked how a more pressing shift towards renewable energy and a reduction on Russian hydrocarbon dependence will increase demand for African renewable and non-renewable resources.
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Gauteng municipality owes Eskom R732m, urges residents to pay municipal bills

The Rand West City municipality has given non-compliant residents some leeway after Eskom warned about blackouts.  The municipality owes Eskom R732-million, which has been accumulated over the past 12 years. The mayor, Gladys Khoza, said the municipality was failing to collect revenue in townships.
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Renewable-energy transition ‘only true path to energy security’

The renewable energy transition “is the only true path to energy security”, United Nations secretary-general António Guterres has asserted, adding that the current energy crisis, precipitated by Russia’s invasion of Ukraine, underlined the need to accelerate rather than slow the transition. In a recorded address to the 2022 edition of the Berlin Energy Transition Dialogue (BETD), Guterres warned that the world was not on track to achieve the goal of carbon neutrality by mid-century, or limiting the global temperature rise to 1.5°C.
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Green, just transition investment has potential to create 1.8m jobs in South Africa by 2030

Investing in South African cities as part of a green and just recovery from the pandemic can create and support 1.8-million green jobs by 2030, with nearly 1.1-million of those jobs in the buildings, power and sustainable transport sectors. A further 674 000 jobs can be generated and supported locally within cities. Investing in adaptation and nature-based solutions to tackle extreme weather events, such as floods and droughts, can produce an additional 705 000 sustainable jobs across the country.
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Dornier-Suntrace optimistic about South Africa’s renewable energy development

South Africa’s economy has had to deal with bouts of load-shedding since 2008 while the procurement of new renewables capacity under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) was delayed for a number of years, but renewable energy company Dornier-Suntrace is optimistic about the country’s clean energy prospects going forward.

CEO Boris Westphal, who has been involved in the local renewable energy industry since 2010, says the REIPPPP was one of the most successful energy auction programmes globally up to 2014 when it was stalled.

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