Eco Minute 13:30

BULLETIN 25 July 1:30 pm

Good afternoon, here is your Eco Minute:

# Eskom will replace its declining coal capacity with clean-energy options, aligning with national policy and the Just Energy Transition. Addressing a coal and energy transition conference, Eskom general manager for primary energy Dan Mashigo said Eskom’s 20-GigaWatts-plus generation project pipeline includes six-GigaWatts of solar cells, four-GigaWatts of hybrid wind-cell-battery projects. In addition, the project also includes four-GigaWatts of gas-to-power, three-GigaWatts of nuclear, and 3.5-GigaWatts of hydro, wind, and battery storage.

Meanwhile, coal mining group Seriti Resources is advancing into wind energy through Seriti Green. The first project, a 4.8-billion-rand wind farm in Mpumalanga, is currently under construction. The 155-megawatts project marks the first phase of a 900-megawatts project which Seriti Green aims to build over the next three years. Seriti Resources CEO, Mike Teke, says future projects will further align with their clean, green energy initiatives:

# And finally: Forestry, Fisheries, and Environment minister Dion George has praised president Cyril Ramaphosa’s signing of the Climate Change Bill into law. George called it a pivotal step in South Africa’s climate strategy, aiming to reduce emissions, enhance resilience, and create green jobs. The act provides a comprehensive framework for national climate action and strengthens coordination with global commitments under the Paris Agreement. George emphasises the need for collaborative implementation involving all sectors.

Stay tuned for more news………….