The South Africa power sector is undergoing a major shift towards decentralised power projects as a “massive energy crisis” grips the country, says Nedbank Corporate and Investment Banking (CIB) infrastructure, energy and telecommunications head Mike Peo.
Speaking during an Infrastructure Africa panel discussion on decentralised power, on June 23, he said the topic “is extremely pertinent” as the energy sector is increasingly shifting away from the “old-fashioned way of provisional large utility-scale power”.
