South Africa’s commercial property industry has the potential to ease the country’s power crisis, a new study has found.
Browsing: Energy and sustainability
Eskom recently announced plans to install smart meters in homes nationwide as it seeks ways to reduce energy demand.
Trade unions at Eskom have agreed a new three-year wage deal on Thursday giving a 7% pay rise for each year.
The finance ministry has appointed a consultant to come up with a plan by August to allow Eskom to accept billions in loans.
South Africa will ask China to help ensure a reliable supply of solar panels to deal with the country’s energy crisis.
South Africa expects more than 5.5GW of additional renewable energy projects to come online by 2026.
Eskom chairman Mpho Makwana said further gains can be expected from the utility’s generating fleet.
The presidency says South Africa is moving quickly from a centrally planned energy system to a decentralised, liberalised electricity market.
Ending power cuts completely will probably take another five years if the infusion of more solar and wind capacity proceeds as currently planned.
The RMB/BER Business Confidence Index declined for a fifth consecutive quarter in the second quarter of 2023.