South Africa to Lean on Private Power Generation as Coal Plants Retire

South Africa will rely heavily on private companies to build power generation as coal-fired plants that produce the bulk of its electricity are gradually retired, according to the nation’s latest energy blueprint.

New private generation capacity will outpace power procured by the government from independent producers as well as stations planned by state-owned Eskom Holdings SOC Ltd. over the next few years, the Integrated Resource Plan showed. It was gazetted on Tuesday.