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Africa|Business|Energy|Power|Projects|Renewable Energy|Renewable-Energy|System
Africa|Business|Energy|Power|Projects|Renewable Energy|Renewable-Energy|System
africa|business|energy|power|projects|renewable-energy|renewable-energy-company|system

Replace red tape with red carpet and mines will gleefully provide the electricity we need

30th September 2022

By: Martin Creamer

Creamer Media Editor

     

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There is nothing more off-putting than needless red tape and there is nothing more encouraging than a government rolling out the red carpet to would-be investors. Red tape kills the growth and jobs that red carpet treatment boosts.

South Africa is immediately short of 6 000 MW of electricity and South Africa’s mines have a list of 6 000 MW of power projects in which they are prepared to invest R100-billion immediately. For once, give the mines red carpet treatment and everyone in South Africa will benefit without costing the fiscus a single cent.

Mines that have bankable renewable energy projects are smiling broadly. They all report that the business case that self-generation presents is beyond compelling. They are all dead keen to press ahead at lightning speed if the system will let them.

To watch Creamer Media's latest video reports, click here
 

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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