South Africa’s energy crisis hit a peak in 2023, with record loadshedding affecting homes, businesses, and the economy. Creamer Media’s ‘Electricity 2024/25: Tariffs, renewables and transmission challenges’ report explores the power outage challenges, including State-owned power utility Eskom’s struggles with aging coal-fired power plants, corruption, and electricity theft. It also looks at the broad-based approach by government to turn things around, including private-sector projects and renewable-energy builds.
While loadshedding has eased somewhat, questions remain. Can Eskom adhere to its recovery plans? Will government support and private-sector investment be enough to fix the transmission grid – Eskom’s next challenge – and ensure reliable power from a wider cross section of generation sources? The future of South Africa’s energy sector depends on tackling these issues head-on.
From new renewable-energy projects to reducing debt, including perhaps most pressingly clawing back debt owed by municipal customers, this report highlights what is being done to secure South Africa’s energy future and the challenges that remain.
This report is a summary of information published in Engineering News and Mining Weekly, as well as of information available in the public domain over the past 12 months. The report does not purport to provide analysis of market trends.
The information in this report is correct as of November 26, 2024.