Page 13 - EngineerIT August-September 2025

ENERGY

The staggering statistic that around 60% of the population is affected by A noble role for Eskom and
poverty, inequality and unemployment underscores the immediate need municipalities
for tangible solutions. Additionally, South Africa's Gini coefficient of 0.63 — Eskom and municipalities have a unique
indicative of extreme income inequality — highlights a substantial divide opportunity to redefine themselves as
between wealthy and impoverished sectors of society. champions of sustainable development and
social equity rather than merely electricity
This urgent environment creates a pressing need for hope that can providers. By engaging in renewable energy
galvanise individuals and communities to rise above their circumstances. initiatives, they can lead the charge toward
a sustainable energy future, combating
The role of unity climate change while addressing systemic
A cornerstone of the SA Inc framework is unity. It emphasises that inequalities.
true progress can only be achieved when all citizens come together,
transcending personal interests for the greater good. This perspective Addressing unique challenges
instils a sense of community and encourages every South African to take As South Africa grapples with multiple crises
an active role in shaping the nation’s future. — ranging from socio-economic issues to
shifts in the energy landscape — it is crucial
By collaborating towards shared goals, we can cultivate an environment for Eskom and municipalities to embrace
in which sustainable development flourishes, achieving real progress that innovative solutions that reflect the SA Inc
uplifts everyone as a cohesive unit. principles.

The electricity sector as a pillar for development The establishment of a new electricity
The electricity sector is fundamentally linked to the broader development energy market in April 2026 presents both
of South Africa. It serves as the backbone for economic growth, allowing challenges and opportunities. Stakeholders
businesses to operate, communities to thrive and individuals to enhance must embody principles of transparency
their overall quality of life. Lest we forget that “electricity” as a commodity and accountability, ensuring equitable
is a public good and must be treated as such. benefits for all South Africans.

The SA Inc vision recognises that addressing the electricity crisis, The need for an SA Inc mindset
including energy poverty, is directly related to the nation's progress. The SA Inc mindset must serve as a rallying
By confronting these challenges head-on, South Africa can unlock its cry for citizens to prioritise collective
potential for growth, innovation and inclusive development. progress over individual interests. This
mentality echoes the spirit that fuelled post-
The impact of renewable energy procurement war recoveries in nations like Germany and
Renewable energy auctions together with competitive bidding represent Japan. By fostering interconnectedness, we
one of the most promising pathways to a sustainable energy future. reinforce the idea that communities thrive
These initiatives can significantly lower electricity costs, attract when they collaborate.
investments and reduce our carbon footprint amid looming EU tariffs.
The South African dream: a vision for
a) Financial benefits nation-building
Engaging in competitive bidding for renewable energy yields The SA Inc mindset can evolve into a
substantial financial benefits for Eskom and municipalities. Auctions powerful South African Dream — an
can attract diverse participants, creating price competition that inspiring vision that emphasises shared
may lower electricity costs for consumers while enhancing revenue opportunities, social justice and economic
streams through successful bids. empowerment. This dream encourages
citizens to engage actively in their
b) Offsetting CBAM taxes communities and promotes a cohesive
Proactively acquiring renewable energy sources provides a society.
compelling defence against impending CBAM tariffs. By increasing
their share of renewables in the energy mix, Eskom and municipalities Conclusion
can effectively lower carbon emissions, minimising costs associated The South African Incorporated (SA Inc)
with EU carbon tariffs while strengthening market competitiveness. mindset offers a powerful opportunity
for the nation to transcend its historical
c) Development of local renewable markets challenges and strive for a vision rooted in
Through participation in renewable energy auctions, Eskom and equity, justice and progress. By embracing
municipalities can stimulate local renewable energy markets. This the South African Dream, citizens can
engagement encourages investment in clean technologies, creating cultivate a collective identity that inspires
job opportunities and fostering entrepreneurship. action and renewal.

13 | EngineerIT August/September 2025