The National Energy Regulator of South Africa (Nersa) has formally published Eskom’s much-anticipated and much-criticised allowable revenue application for the coming three years ahead of what is likely to be a vigorous and potentially hostile public consultation phase. The documents have been published on the Nersa website following an assessment of its compliance with the methodology and approval to do so during a special Electricity Subcommittee meeting held on September 23.
The next round of Nationally Determined Contributions (NDCs) will be a critical test for the implementation of the COP28 pledge, made by nearly 200 countries in the United Arab Emirates last year, of tripling renewables and doubling energy efficiency by 2030. This finding is contained in a new International Energy Agency (IEA) report, titled ‘From Taking Stock to Taking Action: How to implement the COP28 energy goals’, which was released this week during the United Nations General Assembly in New York.
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