Presidency official says unbundling of Eskom should not be pursued ‘half-heartedly’

The Presidency’s Rudi Dicks, who is overseeing the economic reforms being implemented under Operation Vulindlela, says the unbundling of Eskom’s transmission business cannot be done “half-heartedly” if South Africa is to introduce the competition needed to help improve electricity affordability. Speaking during a panel discussion hosted by Bowmans on the financing of South Africa’s just energy transition, Dicks expressed his support for the full unbundling of the transmission business and assets from Eskom Holdings.
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New online tool offers instant assessment of a project’s ‘just transition’ credentials

A new online portal has been launched to enable project originators and/or financiers to determine quickly whether the project being assessed aligns with the principles of South Africa’s just transition and could, thus, qualify for just-transition financing. Developed by Trade and Industrial Policy Strategies (TIPS), the Just Transition Finance Tool is free to use and has been designed to provide a consistent, evidence-based way to assess a project’s just credentials using an algorithm that interrogates the project’s climate, socioeconomic and community objectives.
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Engie welcomes back veteran energy expert as MD of renewables unit

Green energy company Engie South Africa has appointed Sanjeev Mungroo MD of its renewables and batteries business, effective January 1.

Engie South Africa says in a statement issued on January 22 that Mungroo’s appointment marks a strategic step forward for the company’s growth in the country and a personal full-circle moment as Mungroo was the company’s third employee when it first established operations in the country.

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Opinion: EVs and renewables are best way for South Africa to loosen oil’s grip

In this article, South African offgrid electric vehicle (EV) charging infrastructure developer Zero Carbon Charge co-founder and chairperson Joubert Roux writes about the renewed use of oil as a geopolitical weapon under US President Donald Trump and what this means for South Africa as a fuel-import-dependent economy.
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UK extends $1bn climate-pact guarantee to South Africa

The UK and the African Development Bank extended a climate-linked $1-billion debt guarantee to South Africa, saving a $400-million municipal funding deal that was in jeopardy if it had expired. The guarantee, part of a $10-billion climate-finance pact between South Africa and some of the world’s richest nations, was due to expire at the end of last year. The pact is known as the Just Energy Transition Partnership.
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