A just energy transition is critical and undisputedly inevitable for South Africa. Likewise, the efficient use of energy remains important in preserving resources and reducing the impact of fossil fuels on the environment. Industry is by far the largest energy consumer, and the International Energy Agency (IEA) predicts that this status quo will remain for several years to come.
Electricity final energy consumption in South Africa by scenario,2018-2040, IEA, Paris
While the just energy transition presents an opportunity to accelerate reforms to address South Africa’s energy crises including opening new markets in the energy space, industry must learn and understand the importance of sustainable energy practices.
Businesses that transition towards sustainable energy practices can reap financial benefits and avoid looming carbon taxes.
In line with stricter laws on emissions to mitigate climate risks and the implementation of carbon tax in developing countries, the South African industry must align with the practices to remain globally competitive and profitable.
The numbers speak for themselves: Through the Industrial Energy Efficiency Programme implemented by the National Cleaner Production Centre South Africa (NCPC-SA) since 2011, more than 450 large and small industrial companies were assisted with energy efficiency interventions. These companies saved 6.5 TWh of energy – equivalent to five years of load shedding at the 2019 level of 1.352 TWh. This translates to cumulative cost savings of R5.3 billion in these companies.
The NCPC-SA, whose mandate it is to drive the South African industry towards a green economy through capacity building, skills development, and resource efficient and cleaner production interventions, will be participating and sharing insights at the 2023 Africa Energy Indaba to be hosted at the Cape Town International Convention Centre from 7–9 March.
Register to attend the conference or to get free exhibition access and interact with the NCPC-SA at stand number C17.