FT: A cautionary tale from South Africa’s ‘just energy transition’

FT: A cautionary tale from South Africa’s ‘just energy transition’

Eskom chief says repurposing of coal plant created an ‘atomic bomb scenario’ for local jobs
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South Africa's Komati Power Station exemplifies the pitfalls of poorly managed energy transitions. Eskom CEO Dan Marokane describes the plant's conversion from coal to renewables as creating an "atomic bomb scenario" for local jobs, where the shift has led to high unemployment and social unrest in a coal-dependent community. The World Bank's $497 million investment in the repurposing project highlights the need for more inclusive planning to avoid similar failures globally.

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By Malcolm Moore in London and Rob Rose in Johannesburg

Eskom chief says repurposing of coal plant created an 'atomic bomb scenario' for local jobs

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