With the global energy transition sparking a need for participants in the South African automotive industry to reconsider business models to ensure sustainability, advisory firm KPMG is assisting clients in the sector to better grasp the impact of the transition. The company is helping clients draft strategies for holistically tackling the transition, owing to some not having a complete understanding of its impact across the entire automotive ecosystem, says KPMG automotive sector lead Dex Machida.
Despite no wind energy projects being selected as preferred bidders in the sixth bid window (BW6) of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), the South African Wind Energy Association (SAWEA) says there is significant untapped wind potential in South Africa, with viable wind resources even being identified in areas previously not considered a first choice for wind energy project development. No wind projects were selected in BW6, owing to grid capacity in the traditional wind-resource-rich regions of the country having been accounted for as of 2022.