Eskom commissioned coal-fired units as recently as this year
South Africa's Eskom seeks transition funding
State-owned South African utility Eskom is seeking financial backing for its decarbonisation efforts, including the construction of at least 4GW in gas-fired generation capacity
South Africa faces frequent power outages and load shedding, as the country’s overburdened network strains to cope with high demand, poor infrastructure and widespread theft and damage. Carbon intensity is also high, due to South Africa’s overwhelming reliance on ageing coal-fired power plants, with the IEA rating the country as “one of the most energy intensive economies”. But South Africa has also committed to decarbonise through its National Development Plan, which calls for a “Just Energy Transition (JET)” that “does not impede socio-economic development”. Eskom is therefore now seeking foreign and institutional investors—on behalf of the government in Pretoria—in order to overhaul its g
Also in this section
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
