Just Energy Transition 2024: Investing in the future

Amid the global transition from fossil fuels to renewable sources, Creamer Media’s ‘Just Energy Transition 2024: Investing in the future’ report underscores the urgent need for this shift to be fair and equitable, ensuring all stakeholders share in both costs and benefits. South Africa‘s heavy reliance on coal necessitates a commitment to lower emissions driven not only by international obligations but also by domestic concerns, including the looming threat of severe temperature increases. However, achieving this transition presents significant challenges.

The report contextualises the Just Energy Transition in the context of South Africa‘s persistent electricity supply deficit, which has led to severe loadshedding in recent years, potentially impeding the move away from coal-fired electricity. Despite the government’s draft Integrated Resource Plan 2023 indicating a rapid increase in renewable energy deployment through public and private procurement, coal will continue to play a significant role in electricity generation.