UK forecasting group sees renewables providing 88% of South African electricity by 2060

UK-based global long-term bankable power price forecaster Aurora Energy Research has released its first ever long-term prediction for the South African power market, in anticipation of the expected launch next year of the South African Wholesale Electricity Market. Aurora foresaw a profound transformation of the country’s power sector between 2027 and 2060, with demand predicted to grow at an annual rate of 1.3% over that period. Commercial and residential demand would offset stagnant ...

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