Mar 2024 Special edition

Ensuring security of energy supply

The renewable energy procurement programme was revived in 2018 to increase generation capacity and diversify our energy supply

Since then, around 2 500 MW of solar and wind power has been connected to the grid. A further 1 600 MW of projects are in construction.
Regulations have been changed to allow municipalities to procure power independently. Five municipalities are in various stages of procurement process.
Land has been made available next to Eskom power stations in Mpumalanga for renewable energy projects, which will unlock 1 800 MW of new capacity.
The amount of installed rooftop solar has more than doubled to around 
5 000 MW in the last year, due to the provision of tax incentives for homes and businesses, and the creation of an energy bounce-back scheme to provide financing to small, medium and micro enterprises to install solar panels.

Investing in energy transition
The Presidential Climate Commission has been established to oversee and facilitate a just and equitable transition towards a low emissions and climate-resilient economy.

South Africa’s Just Energy Transition Investment Plan was launched, setting out a plan for R1.5 trillion in investment over five years to support our just transition to a low-carbon and climate-resilient economy.
Close to US$12 billion in international financing pledges have been secured through the Just Energy Transition Partnership.
We are undertaking this transition at a pace, scale and cost that our country can afford and in a manner that ensures energy security for all our people, while supporting the creation of new industries, new economic opportunities and sustainable jobs.

Powering South Africa’s future
A Minister of Electricity in The Presidency has been appointed and the National Energy Crisis Committee established, working in partnership with business and other social partners to deal with the energy crisis by fixing Eskom and adding new sources of power. As a result of this work, there has been a steady decline in the severity of load-shedding.  

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