Eskom struggles to decarbonize amid persistent blackouts
Financial Times — September 8, 2024, 06:01 PM UTC
Eskom, South Africa's state-owned energy supplier, faces challenges in decarbonizing while addressing ongoing blackouts. The utility generates over 90% of the country's electricity, primarily from fossil fuels, contributing to 41% of national CO₂ emissions. In 2021, international pledges of $8.5 billion aimed to assist in transitioning away from coal. Eskom's restructuring includes unbundling into subsidiaries, with a goal to reduce emissions by 71 million tons by 2030.
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