Ever-decreasing costs of renewable energy generation are already introducing an energy transition across Southern Africa, especially as energy storage becomes more viable.
This was some of the insight provided at a recent ATA Insights open workshop into Southern Africa as the land of renewables and storage opportunities.
Albie Alant, associate director at PwC, said they are currently seeing a rapid scaling up of projects and lowering of prices across Africa as their clients reassess products they bring to market. According to Alant, their clients sense is a strong green demand trend from the market and in order to remain competitive, there is a need to transition into green energy, especially in Southern Africa. “We see increasingly decentralised and digitised systems becoming more relevant.”
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