South Africa needs to move fast on renewables, get its gas infrastructure ready, scale up storage and clear the grid connection backlog to keep the lights on and meet climate goals. If it gets these elements right, South Africa can move closer to realising its vision of a modern, resilient and affordable power system, says financial advisory services company Cresco and financial services firm Standard Bank Corporate and Investment Banking (CIB) in their June 2025 ‘Energy Market Projections’ report.
