SOUTH AFRICA: NEW RENEWABLE ENERGY BIDS FAIL TO OFFSET NEAR-TERM RISKS IN ELECTRICITY CRISIS

   Fri, 05 May 2023

South Africa’s energy crisis shows few signs of abating, as electricity rationing worsened considerably in the last three months. While the recent announcement of large-scale renewable energy tenders is a positive indicator for the longer-term outlook, the process of adding generation capacity is likely to remain hindered by a lack of investment into transmission infrastructure. Without any credible near-term solutions or mitigation measures, the situation is likely to worsen as energy demand peaks in the winter months.

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