Tag: green energy

As businesses across South Africa explore alternative energy solutions, electricity wheeling has emerged as a promising option. It offers new opportunities but also presents challenges in selecting the right independent power producer (IPP). One of the main reasons for the growing interest in wheeling – which allows IPPs to generate power and sell it directly to businesses – is that it eliminates the need for on-site solar installations.

South Africa stands at a critical juncture, facing a confluence of challenges and opportunities that will shape its future. One of the greatest opportunities lies in retaining its young graduate professionals, who are a vital resource for driving the nation's growth and development.

Steel is one of the most commonly manufactured materials in the world, because it has such a wide variety of uses – steel is everywhere, from construction to vehicles, home goods to robotics. Steel production is also hugely carbon intensive, representing a significant proportion of global man-made carbon emissions. In the universal quest for Net Zero and carbon neutral, green steel production is critical.

Decarbonisation, demographics and deglobalisation (3Ds) are changing the investing landscape and presenting investors with a new set of investment opportunities.

Imagine installing a R2.5 million solar operation to power your property, only to have your property destroyed by a fire. This is the very real risk property owners face if the installation of the solar power solution is not done in accordance with regulation and South African National Standards (SANS).

At a time when the country is facing a significant energy crisis, the report provides a consolidated overview of the electricity market from consumption to generation to financing. We have launched our South Africa-focused market report, providing a comprehensive overview of the state of play of the country’s energy sector.

At first, the response to government’s power moves, announced at last month’s Budget Speech, was overwhelmingly positive. Energy packages, which offered tax incentives for households and businesses to offset the steep financial toll of load shedding, were introduced.

With oil and gas-producing countries facing tremendous pressure to transition to green energy sources and leave their petroleum assets in the ground, carbon capture, utilisation and storage (CCUS) can act as a lifeline for their energy industries.

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.