Business Day
Commenting in Business Day, BCG’s Kesh Mudaly discusses the challenges of bridging South Africa’s energy supply gap. Renewable energy can offer a cost-effective solution for energy security compared to fossil fuels, but South Africa will need to invest in expanding its power grid to support a low-carbon future. Financing renewables adds an additional challenge, he says, but South Africa’s robust banking sector could aid in financing large-scale energy projects.