The Just Energy Transition will cost South Africa R1.5 trillion - Hypertext

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The Just Energy Transition will cost South Africa R1.5 trillion

The country has already been granted more than $8 billion for energy transition projects by developing nations in the European Union, as well as the UK, Germany and the US.

The commissioner was addressing a “hybrid special sitting” about South Africa’s Just Energy Transition Investment Plan . The Just Energy Transition Plan is South Africa’s overarching renewable energy transition project, which will see all of the country’s energy production capabilities transform to become more environmentally friendly, utilising carbon-minimal technologies like Green Hydrogen.

It will also be directed at aiding the communities affected by the coal decommissioning to diversify into other sectors.its Komati Power Plant in Mpumalanga. The remaining infrastructure will be transformed into a renewable energy generation site where 150MW of solar, 70MW of wind and 150MW of storage batteries will add capacity to the country’s energy grid.

 

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