Electricity Minister Kgosientsho Ramokgopa says attention should shift to adding new and cleaner generation to the loadshedding-prone electricity system, acknowledging that it would be the “height of folly” to rely on significantly extending the life of the breakdown-prone coal stations. While much of his latest briefing on the implementation of the Energy Action Plan was dedicated to improvements in the operating performance of some of Eskom’s coal units, Ramokgopa said there could be no “overreliance” on the units in future. This, given their advanced age and the fact that many trade-focused domestic industries had to decarbonised to remain internationally competitive.
Despite wealthy nations’ pledged $R8.5-billion (approximately R150-billion) and further pledges and investments, South Africa faces a R660-billion financing shortfall for the just energy transition, expected to cost R1.5-trillion over five years. This was revealed by Forestry, Fisheries and the Environment Minister Barbara Creecy in a response to a parliamentary question.
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