Tag: clean energy

During the 1990s and early 2000s, South African mines bought electricity from Eskom at regulated tariffs. These tariffs were globally competitive. Eskom prioritised the mines as their most important customers. Eskom faced few hurdles related to climate change concerns. Buyers had little choice, but the energy was cheap and reliable. There were few viable alternatives.

Nedbank CIB structures bespoke solution for 100% black-owned power producer. A R2.5 billion funding platform solution will allow one of South Africa’s largest 100% black-owned independent power producers (IPPs) to deliver 1.1 GW of clean energy.

As load shedding persists and solar gains popularity in South Africa, households are left with the decision of either buying or renting a solution. Solar solutions have taken centre stage in South African homes. The quest for an “always on” lifestyle has propelled consumers into a crucial crossroads: should you rent or buy your solar system?

The concept of sustainability is considered differently for developing countries versus developed countries. Developed economies tend to look at sustainability with a significant focus towards environmental impact and preservation. In contrast, developing countries consider sustainability from a socio-economic perspective, which includes infrastructure-related challenges, for example.

The 28th Conference of the Parties (COP28) of the United Nations Framework Convention on Climate Change draws to a close this week. For Africa, discussions at this year’s conference placed the continent as a central player that is playing an active role in actioning efforts and initiatives for a better, more sustainable future.

Let's have a look at the impact of "deglobalisation" on some of our favoured themes: smart manufacturing, energy transition and climate change, and the circular economy.

As we continue to strive for a cleaner planet, governments, industries, and organisations around the world are uniting to build a sustainable future. The time is ripe to explore innovations and technologies that can work to reduce carbon emissions and help to facilitate better resource efficiency.

Sustainable societies assume natural resources are finite and aim to practice environmental protection that promotes balance between humans and nature. Adapting sustainability measures can save money in addition to environmental impacts.

As recently as September, scientists were highlighting the imminent risk that, even at the current 1˚C level of global warming, at least five environmental ‘tipping points’ are likely to be passed – from the collapse of the Greenland and West Antarctic ice sheets to a massive die-off of tropical coral reefs.

A reduction in carbon emissions is integral to South Africa's global commitment to achieve net zero. The South African government strategically introduced carbon tax to combat global warming by encouraging a low carbon economy.