DBSA hosts African delegates as govt drives energy investment mission

With the African continent being home to the majority of the 700-million people worldwide with no access to electricity and clean cooking technology, energy investment in the region is deemed imperative for industrialisation and universal access to electricity, the Development Bank of Southern Africa (DBSA) has said. The bank hosted delegates from various African countries at the Continental Energy Investment Forum, in Johannesburg, on July 15, during which it pointed out that about 43% of Africa’s population lacks access to reliable electricity.
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Nuclear Regulator grants Eskom permission to extend life of Koeberg Unit 1 to July 2044

South Africa’s National Nuclear Regulator (NNR) board has approved a 20-year life extension for Koeberg Unit 1, but has deferred a decision on the nuclear power station’s Unit 2 until late 2025, owing to the fact that an assessment of the second reactor’s safety case is still ongoing. The decision, which was announced on July 15, came only days ahead of the July 21, 2024 expiry of Unit 1’s existing licence and effectively extended its operating life until July 21, 2044.
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Carbon intensity of our economy has become unsustainable – Ramaphosa

The carbon intensity of our economy has become unsustainable, President Cyril Ramaphosa writes in his latest weekly newsletter, published ahead of his address to a climate finance symposium being hosted jointly by the National Treasury and the Presidential Climate Commission. Ramaphosa notes that the world is moving towards greener economies and that a number of South Africa’s major trading partners are also taking measures to decarbonise that will affect the competitiveness of the country’s exports to these markets.
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