reasons why south africa should include renewable energy in its energy mix
Renewable energy in South Africa The two main barriers accompanying renewable energy in South Africa are; the energy innovation system, and the high cost of renewable energy technologies.[3] The Renewable Energy Independent Power Producers Procurement Programme (REI4P) suggests that the cost associated with renewable energy will equal the cost of non-renewable energy by 2030.[6] Renewable energy is becoming more efficient, inexpensive, and widely used.[1] South Africa has an abundance of renewable resources that can effectively supply the country's energy.[5]
State-owned enterprises of South Africa The Department of Public Enterprises minister has publicly stated that South Africaâ€™s SOEs should advance economic transformation, industrialization and import substitution. DPE has oversight responsibility in full or in part for six of the approximately 700 SOEs that exist at the national, provincial, and local levels: Alexkor (diamonds), Denel (military equipment), Eskom (electricity generation), South African Express Airways, South African Forestry Company (SAFCOL) (forestry), and Transnet (transportation). These six SOEs employ approximately 105,000 people. The SOEs share of the investment was 21% while private enterprise contributed 63% (government spending made up the remainder of 16%). The IMF estimates that the debt of the SOEs would add 13.5% to the overall national debt.[2]