Business · South Africa
South Africa’s Power Sector Set for Renewable Energy Growth in 2026
TechCentral · 2026/01/21
Summary
South Africa is changing the way its power sector operates by introducing electricity market liberalisation, new trading rules, and grid reforms. These changes are designed to encourage the use of renewable energy sources such as solar and wind power. By opening up the electricity market, more companies and individuals can participate in generating and selling electricity. This creates opportunities for faster growth in renewable energy, which can help reduce reliance on coal and lower carbon emissions. The new trading rules will help make electricity buying and selling more flexible and efficient. Meanwhile, reforms to the electricity grid will improve the system's ability to handle renewable energy from different sources, making the power supply more reliable and sustainable. These changes are expected to take effect in 2026, marking a significant step forward for South Africa's energy future.
OnABudget takeaway: The reforms mean more chances for consumers to access cleaner, possibly cheaper energy, and for small businesses and investors to benefit from new renewable energy opportunities.