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Africa|Energy|Eskom|generation
Africa|Energy|Eskom|generation
africa|energy|eskom|generation

WEIGHING OPTIONS

WEIGHING OPTIONS: Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are under way on the funding of South Africa’s transmission requirements, including the potential use of money pledged by rich nations toward an energy transition and another option to tap private sources. Photograph: Bloomberg

Photo by Bloomberg

26th April 2024

By: Creamer Media Reporter

     

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Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are under way on the funding of South Africa’s transmission requirements, including the potential use of money pledged by rich nations toward an energy transition and another option to tap private sources. Photograph: Bloomberg

Edited by Creamer Media Reporter

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