Enlit Africa 2022 - Opening Keynote

Loading

Keynote address: Collaboration to fast forward Africa’s energy transition

07 Jun 2022

Ministerial address: Minister Gwede Mantashe, Minister, Department of Mineral Resources and Energy, South Africa

Keynote panel discussion South Africa’s $8.5 billion energy transition deal, signed at COP26, is made up of financial instruments including government grants, concessional loans and “risk-sharing instruments” designed to mobilise the private sector, over a three-to-five-year period. In practice, this funding will serve three goals: early retirement of coal plants, building cleaner energy sources, and support for coal-dependent regions. Retiring coal plants and supporting coal-dependent regions will be a political challenge. The transition away from coal threatens 120,000 jobs at heavily unionized mines and power plants, in a country that by some measures has the world’s highest unemployment rate and where one job often feeds a large family.

But the energy transition will also require new energy sources and thus new jobs (though those rarely go to former coal workers).

Discussion points:

  • Allocation of funding, breakdown of grants vs loans and other risk sharing instruments
  • Plans to address the loss of jobs at power plants and mines and reskill the existing workforce
  • Proposals to effect the energy transition

Moderator: Max Jarrett, Energy Expert, France

Speakers:

  • Daniel Mminele, Head of the Presidential Climate Finance Task Team, South Africa*
  • Andre de Ruyter, Group Chief Executive, Eskom, South Africa*
  • Mark Corrato, Power Africa Coordinator, Power Africa, United States
  • Senior representative, GE
  • Senior representative, United Kingdom*

Host Ministry

  • Mineral resources & energy

Host Utility

  • eskom-logo

Host City

  • City-of-Cape-Town

Platinum Sponsor

  • Conlog
  • Actom Pty Ltd
  • Gridspertise
  • SAP
  • Sulzer

Diamond Sponsor

  • General Electric

Silver Sponsor

  • Siemens
  • Megger

Registration Sponsor

  • SAP

Host Publication

  • ESI Africa

CEO Forum Partners

  • Conlog
  • Eaton
  • Oracle Utilities
  • Prime Alliance
  • Eskom GC

Municipal Leaders Forum Partners

  • IFC

Global Knowledge Partner

  • Enel Foundation

Initiate Supporting Partners

  • Sarebi
  • SAIEE
  • FEENIX