Minister in The Presidency for Electricity, Dr Kgosientsho Ramokgopa, will co-host a Transmission Financing Seminar with the Johannesburg Stock Exchange (JSE).
- The seminar aims to facilitate discussions on financing South Africa’s Transmission Development Plan, which focuses on expanding and securing the country’s energy mix and electricity supply.
- The development and expansion of South Africa’s electricity transmission infrastructure play a crucial role in enabling diverse energy solutions from different parts of the country to contribute to the national grid.
- The seminar will bring together government officials, industry experts, and potential private sector investors to discuss long-term energy security and explore alternative funding mechanisms for maintaining, modernizing, and expanding the national grid.
- The event will also include an exchange of international experiences, where countries that have faced similar challenges will share the models they pursued to overcome them.
- The discussions at the seminar will contribute to meeting global decarbonization targets and ensuring South Africa’s energy sovereignty and sustainability.
- The collaboration between the Electricity Minister and the Johannesburg Stock Exchange highlights the commitment to enhancing South Africa’s electricity transmission infrastructure and addressing the country’s energy needs.