Just Energy Transition (JET)
Eskom’s Just Energy Transition (JET) Office was established earlier in 2020 and has made significant strides to progress the evolution for transition towards a cleaner and greener energy future. JET’s vision focuses on achieving “Net Zero” carbon emissions by 2050, with an increase in sustainable jobs. Some of the additional benefits of moving towards lower carbon technologies, is the positive impact on air quality and water usage, the potential to create new exciting jobs, and a greater preservation of biodiversity in South Africa.
‘Transition’ describes the gradual movement towards lower carbon technologies, while ‘Just’ qualifies that this transition will not negatively impact society, jobs and livelihoods. The Just Energy Transition is important to the country and to our future growth and sustainability as an organisation.
Re-invigorating, rejuvenating and redefining Eskom’s
destiny as we lead the energy transition into the future.
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JUST
Doing better for people and the planet
ENERGY
Continued Electricity provision
TRANSITION
Transformational change of business models
- Detailed studies of socio-economic impact of plant shutdown on employees and communities
Stimulate local manufacture and job creation, competiveness
Emission reductions – air quality and carbon emissions
Managing rehabilitation liabilities
Customer needs driven
- Repowering ageing coal fleet
Increasing share of renewable energy
Increasing share of gas
Storage options
Grid strengthening
Smart grids
Electricity access through micro grid options
- Repurposing ageing coal fleet
Future of the Generation business vis-à-vis increasing role of IPPs
Separate coal and green business
A different Eskom from what we now know – Transmission, Distribution, Generation redefinition
Enable private sector financing, partnerships
New revenue streams to contribute to JET