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Way to boost renewable energy
The Citizen
|October 11, 2024
Eskom is seeking a 44% electricity price increase in April 2025, sparking concern among South Africans. While price hikes are not new, this increase could affect the energy market's growth and renewable energy adoption.
However, there is positive momentum in the sector due to recent policy changes aimed at liberalising the energy market. The government's Energy Action Plan and the Electricity Regulation Amendment Act have enabled private power generation and increased independent power producers' (IPPs) role, creating a diversified and competitive energy market. This diversification aims to reduce reliance on Eskom a
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