As the world’s largest economies are decarbonising, deregulating, decentralising and digitalising their energy sectors, it is imperative that South Africa, as a trading partner of these countries, also embraces this revolution to avoid hampering competitiveness and economic growth. An untransformed energy sector and resultant deindustrialisation will lead to persistently unsolved poverty, inequality and unemployment, which are systemic threats to society, says State-owned power utility Eskom CEO Andre de Ruyter.
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