Project Dearth Slows S. Africa’s $9.3 Billion Coal Exit Plan - News Summed Up

Project Dearth Slows S. Africa’s $9.3 Billion Coal Exit Plan


The JETP — a partnership between South Africa and Germany, France, the US, UK, European Union, Netherlands and Denmark — is being emulated by Vietnam and Indonesia. South Africa currently relies on coal for about four-fifths of its electricity. Denmark is looking for projects to invest in, Elsebeth Søndergaard Krone, Denmark’s ambassador to South Africa, said in an interview. It could be a hydro project, it could be investing in the grid if that’s feasible, depending on which models South Africa will use,” she said. “Its a difficult conversation,” David Martinon, France’s ambassador to South Africa, said of the energy transition.


Source: The North Africa Journal October 10, 2024 19:08 UTC



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