Renewed optimism
South African market: Key questions about South Africa’s promising PV market have largely gone unanswered for the past several years, amid political wrangling over the future national energy mix, and the mismanagement of troubled state utility Eskom. But now – following the recent ousting of former president Jacob Zuma, who has long championed costly investments in nuclear capacity – the ruling African National Congress (ANC) is positioned to take a fresh look at the government’s Integrated Resource Plan (IRP).
PV investors – frustrated by a lack of policy clarity under Zuma – are now hopeful that the ANC will consider revising the nation’s long-term energy targets to provide more space for solar and other renewables.“South Africa’s ruling party is in the middle of a political power struggle,” says Chris Ahlfeldt, energy specialist at Blue …
Advertisement
Advertisement
Advertisement
Advertisement