South Africa’s just energy transition (JET) to a low-carbon economy will not transpire overnight and will remain a challenge throughout the 2023 financial year, professional services firm EY strategy consulting arm EY-Parthenon Africa leader Paul O’Flaherty tells Engineering News. “As with many parts of the globe, South Africa is living in the context of a trilemma. We need to balance money (availability of funding, high interest rates and inflation), energy (availability, affordability and achieving net zero) and supply (cost, sustainability and resilience).”
