South African coal industry to reach tipping point in 2025

The South African coal industry will likely reach a tipping point by 2025, when renewable energy should be cheaper, both in terms of capital and operational expenditure, than existing coal-fired electricity capacity. This means that, by 2030, the South African coal landscape will look "completely different", as domestic coal production is likely to start fragmenting and shutting down,  African Source Markets CEO Bevan Jones noted during a webinar on October 21. In the near-term, however, the ...