The World Bank approved South Africa’s request for a $497 million (R9.09bn) project to decommission and repurpose the Komati coal-fired power plant using renewables and batteries.
The project will also create opportunities for the affected workers and communities.
This is in line with the government’s efforts to transition the country toward a low carbon development path with reliable, affordable, and sustainable energy for all.
Addressing energy poverty and transitioning toward lower carbon development requires a reliable power sector to underpin inclusive economic growth.
It is believed that the Komati Project will help mitigate climate change, enhance energy security, and support economic opportunities in the Komati area.
The project is aligned with the country’s Just Transition Framework, which aims to minimize the socio-economic impacts of the climate transition, improve the livelihoods of those most vulnerable, and embrace the opportunities stemming from the transition.
The decommissioning and repurposing of the Komati coal-fired
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