Energy sector has opportunity to change amid ‘disruptive moment’ caused by renewables

As questions remain over what the future holds for South Africa’s power utility Eskom, there is a window of opportunity for utilities in developing countries to build on international power reform experience and design future power markets and operating systems to respond to new opportunities offered by the falling costs of renewable energy. South Africa has entered a “disruptive moment” in the power sector where prices for renewables are falling rapidly and the share of electricity production from renewable sources is growing on- and off-grid, says University of Cape Town (UCT) Graduate School of Business energy expert Professor Anton Eberhard.