South Africa’s energy mix: Long term consequences must be used to determine how available resources measure up against each other
18 November 2021
The FF Plus has kept a close eye on the COP26 Climate Change Conference in Glasgow, Scotland. What was of particular interest is the divergent responses from government circles to the offer made by prosperous countries to negotiate approximately R106 billion for a "fair transition" to a carbon-neutral energy dispensation in South Africa.
The Minister of Mineral Resources and Energy, Mr Gwede Mantashe, decided on 8 November to vehemently oppose the idea of suddenly stopping the use of fossil fuels (as if anyone had suggested that). In a statement yesterday, Minister Barbara Creecy, Minister of Environmental Affairs, praised the worldwide commitment to the goal of curbing climate change.
And lastly, Minister Pravin Gordhan said in Parliament yesterday that the government first needs to determine whether the conditions related to the R106 billion aid package are acceptable for South Africa; he also added that the money will not be used to save Eskom.
These varied responses from ministers are against a backdrop of load shedding and an increasing concern about the sustainability and viability of South Africa's power generation capacity.