South Africa should systematically manage its energy transition
South Africa should systematically manage its transition from coal-fired power generation into renewable energy, said the Mining and Energy Minister Gwede Mantashe on Thursday.
"I am not saying coal forever, ... I am saying let's manage our transition step by step rather than being emotional," Mantashe said at the Joburg Indaba virtual mining conference.
"We are not a developed economy, we don't have all alternative sources," he added.
South Africa wants to decrease coal’s share within the energy sector to less than 60 percent by 2030. Currently coal represents around 75 percent. Renewables such as wind and solar represent 25 percent.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More renewables news
WEC Energy Offered $2.5 Billion US Loan for Renewable Projects
With Trump Looming, Biden’s Green Bank Moves to Close Billions in Deals
GE Vernova Expects More Trouble for Struggling Offshore Wind Industry
Climate Tech Funds See Cash Pile Rise to $86 Billion as Investing Slows
GE Vernova to Power City-Sized Data Centers With Gas as AI Demand Soars
Longi Delays Solar Module Plant in China as Sector Struggles
Australia Picks BP, Neoen Projects in Biggest Renewables Tender
SSE Plans £22 Billion Investment to Bolster Scotland’s Grid
A Booming and Coal-Heavy Steel Sector Risks India’s Green Goals
