Just Transition to cost ZAR 6 Trillion-NBI, BUSA, BCG
South Africa’s Just Transition to net-zero by 2050 could cost at least in the region of ZAR 6 trillion
South Africa’s Just Transition to net-zero by 2050 could cost at least in the region of ZAR 6 trillion
Surge in lithium demand forces Zimbabwe to act.
The global campaign to minimise greenhouse gas emissions has highlighted the transportation industry as one of the main producers of carbon gases, necessitating a special focus by sector innovators. Green hydrogen vehicles, pioneered in South Africa with global fanfare by mining giant Anglo through the fuel cell electric vehicle (FCEV) mining truck at Mogalakwena mine,…
South Africa’s massive winds and solar resources are expected to provide the tailwinds of the much-hyped green hydrogen strategy. As the Just energy transition gains momentum in South Africa to alleviate the energy crisis and Government taps into new energy sources, the discussion has accelerated from whether the country has the capacity to generate new…
The Minerals Council of South Africa has reiterated that the mining industry will be proactive in addressing the serious challenges posed by climate change. The MCSA, led by environment head Stephinah Mudau, stated in their virtual meeting with the Portfolio Committee on Forestry, Fisheries, and Environment to discuss the Climate Change Bill that “the South…
Mzansi Energy Consortium (Mzansi Energy) has been appointed by Palabora Mining Company to develop a 132MWp solar photovoltaic (PV) plant and battery energy storage system (BESS) capable of storing 310MWh of electricity. The power plant, dubbed “Marula Green Power,” is expected to be built in two stages: construction and operation and maintenance. The project is…
Mr. Solly Maphaila, the newly elected General Secretary of the South African Communist Party (SACP), claims that developed nations were responsible for the majority of global emissions, allowing them to accelerate their own industrialisation, and that developed nations should not dictate how the transition to renewable energy should be implemented while South Africa still required…
The Just Energy Transition Partnership (JETP), an investment strategy that will allow South Africa to access up to $8.5 billion in investment to finance the country’s transition away from coal, has received official support from the cabinet. The JETP partners made a $8.5 billion pledge at COP26 in Scotland last year to help South Africa…
South African-based global energy and chemicals company Sasol and steel company ArcelorMittal South Africa (AMCO) have signed a Memorandum of Understanding (MoU) to cooperate on green energy development and the decarbonisation of the manufacturing industry during the African Energy Week in Cape Town. Signed by Priscillah Mabelane, Executive Vice President at Sasol and Aldridge Louis,…
Anglo American and EDF Renewables have agreed to form Envusa Energy, a new jointly owned company, to develop a regional renewable energy ecosystem (“RREE”) in South Africa. In March 2022, the two companies signed a Memorandum of Understanding to explore the ecosystem’s development, designed to meet Anglo American’s operational power requirements in South Africa and…