Tag: energy management
Green hotels driving sustainability and savings
In a welcome twist for South African businesses juggling cost pressures with environmental targets, sustainable hotels are emerging as an unexpected solution. Companies switching to green accommodation are discovering significant savings alongside meaningful reductions in their carbon footprint.
Opportunities and challenges of Artificial Intelligence in the hospitality industry
Global tourism has begun surpassing its pre-COVID-19 peak. South Africa remains a popular tourist destination with the hospitality sector contributing significantly to its gross domestic product (GDP). Competition in the hospitality industry is intensifying, making the marginal and not-so-marginal gains offered by artificial intelligence (AI) a vital consideration for any hospitality operator.
How businesses can go on an energy diet that works
South Africa’s total energy capacity of 54.6 GW (excluding imports) should theoretically be sufficient for energy security and spare generating capacity, but it is not - as evidenced by record-level load shedding in 2022 and 2023. This was highlighted in the recently released Africa Energy Review 2023 report by PwC, which noted that the country is trying to remedy the situation by transitioning away from coal-generated power to renewables and gas – and even (to many experts’ dismay) nuclear.
Is your building energy efficient?
The ongoing issues surrounding electricity supply in South Africa – not to mention climate-related discussions around the viability of the energy sector in general – has many businesses and building owners reconsidering whether those precious kWh units are going to waste unnecessarily.
Energy Transition highlighted at SONA – what does this mean for...
After a wobbly 2021 and lingering uncertainties for the year ahead, we are confident energy transition equities can deliver. After achieving remarkable gains in 2020, energy transition equities endured a more turbulent and challenging time in 2021.
Innovative trends to boost the SA economy in 2021
Although the rise of COVID-19 presented many challenges to our country in the year 2020, it stimulated the growth of technological innovations that we can build on to the effects on how we do business, how we trade, how we work, how we produce goods, how we learn, how we seek medical services and how we entertain ourselves in 2021.
