Tag: energy transition
Energy transition workforce training for a green transition
The shifting landscape of the energy sector towards sustainability and efficiency will have implications for workforce and skills development, with organisations needing to explore how to navigate this transition effectively. South Africa’s draft Integrated Resources Plan (IRP) for the energy sector introduces new energy sources such as nuclear, gas and hydrogen into the mix, which calls for proactive measures to be taken to prepare workforces for these incoming technologies.
Sustainable energy independence solutions post load shedding
While South Africa has enjoyed an extended respite from load shedding this year, there are other compelling reasons to accelerate the transition to renewable energy. One of the reasons are that businesses and homeowners are concerned about Eskom’s reported intention of seeking a 36% increase in tariffs in 2025 - on the back of electricity prices that have roughly tripled over the past 14 years.
A legal perspective on South Africa’s energy future
As South Africa’s energy sector continues to evolve, understanding the changes in regulations, contracts, and market dynamics is crucial. The restructuring of South Africa’s regulatory framework, especially within the energy sector is critical given the present crisis the country is in. Unbundling, where different parts of the energy sector are separated, amounts to far more than just paperwork.
Harmonic filters – essential for power quality in clean energy transition
While there is a growing need for renewable energy as countries around the globe seek to reduce their dependency on fossil fuels, the potential drawbacks that come with this transition cannot be ignored. In the realm of utility environments, which encompasses municipalities and renewable energy providers such as Independent Power Producers (IPPs), due consideration must be given to the critical area of power quality.
Decarbonisation – a net zero blueprint for your whole portfolio
Although decarbonising an investment portfolio is a multi-faceted, multi-stage exercise, it needn’t be complicated. Adding the dimension of sustainability – in this case, decarbonisation – to your portfolio construction process does not mean changing your approach entirely.
Driving sustainable development – circularity & ESG in mining
Mining is a historically linear process – we take materials from the earth, make products from them and eventually throw them away as waste. With the intensification of climate change, environmental degradation, pollution – all products of linear economies – the mining industry needs to transition to a circular economy.
Insurance sector to act as catalyst for the hydrogen market
As the global energy landscape undergoes a transformative shift, hydrogen emerges as a compelling substitute for traditional fossil fuels, poised to play a pivotal role in the evolving energy transition. With the energy transition market valued at US$183 billion in 2022 and anticipated to surge to US$317 billion by 2032, hydrogen stands out as a key player in this dynamic evolution.
The world needs talent – especially the highly skilled
The world is in a permanent state of change amid technology, economy, consumer and climate change demands. Although there have been remarkable leaps in automation and Artificial Intelligence (AI), company leaders will continue to need highly skilled talent to meet their business needs.
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.
Thematic investing – here’s why critics are wrong
A difficult period for the performance of some thematic funds has given fuel to the naysayers’ arguments. But we believe thematic investing with an active approach is a powerful tool for investors now and in the years to come. Thematic investing has taken off in recent years. Global thematic assets under management stood at $400 billion as of 1 July 2023, up 11% from the end of last year (according to data from Goldman Sachs).