John Maytham speaks to UCT's Hilton Trollip to discuss the National Energy Regulator of South Africa greenlighting new projects.
In the space of 19 days, the National Energy Regulator of South Africa has given the green light for 16 new renewable energy projects, where it initially took 73 days to approve two renewable energy projects.
Research fellow at UCT's Global Risk Governance Programme, Hilton Trollip, believes this is very good news for the country. The world has moved on. Most of the world, even in China, they have competition in their electricity system.The new projects are a step in the right direction for the country, but not so much for Eskom as their financial problems will seemingly become worse.With no competition, we've seen Eskom just go south.
Hilton Trollip - Research fellow at UCT's Global Risk Governance Programme. Listen to the audio for more.