Billions invested in SA’s renewable projects

Author: Joseph Booysens

South Africa has attracted investment for renewable projects worth billions of rand over the past five years or so, and solar installation has also doubled in the country while utilities may invest in smart metering systems.

These were some of the issues discussed at the African Utility Week conference this week, which ends at the Cape Town International Convention Centre today.

 

William Mzimba, chief executive at Accenture, said the “smart grid” was one of the key focus areas and could create a better interface with consumers and allow better management of scarce resources.
He said there has been investment worth more than R190 billion over the past five to seven years.

 

“We offer great opportunities for energy. Better regional collaboration to harness the different resources we have will be a sustainable outlook.”

James Rogers, former chief executive and chairman of the board for Duke Energy in the US, said solar and wind would be cost-effective within about five years.

 

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