Economic opportunity of South Africa’s energy transition akin to new ‘gold rush’

South Africa’s energy transition from coal to cleaner energy carries an economic opportunity equivalent to the discovery of gold in the country more than a century ago, a new South African National Energy Association (Sanea) report argues. Published on June 30, the ‘South African Energy Risk Report 2020’ also argues that clean energy could be an active driver of the country’s economic recovery from the Covid-19 pandemic, especially if policy and regulation is changed to be more supportive of new business models for the delivery of infrastructure in a context of weak public finances.