The South African National Energy Association (SANEA), a member of the World Energy Council has embarked on a process to unpack the energy risks facing South Africa at a country and industry level, culminating in the publication of SANEA’s Second Energy Risk Report for South Africa. Wendy Poulton (click here for CV), the SANEA Secretary General and project leader of the team that produced the Risk Report will outline the process followed and key risks identified, with focus on the unfolding of energy risks in the evolution of the energy industry. SANEA would like to move the debate forward, by catalysing discussions on how we get out ahead of some of these risks and start reducing their impact and capitalising on the opportunities.
The energy risk environment in South Africa remains one of high uncertainty and change. The energy transition readiness as defined by the World Economic Forum, is broad in nature and is an overall indication of the inability or ability of a country to be able to shift the energy sector, including the availability of investment and capital, effective regulation and political commitment, stable institutions and governance, supportive infrastructure and an innovative business environment, human capital, and the ability of the current energy system to accommodate change. This has to include in South Africa’s context consideration of the social impacts of change and a focus on ensuring that the energy transition includes consideration and addressing of social impacts both positive and negative.
A set of top 20 risks was prioritised by SANEA members from an initial list of 50 energy risks down to the top 9 risks for the country for 2019 as being:
Activism and civil disobedience including strikes
Changing customer of the future
Energy data availability
Energy transition readiness
Investment in and breakdown of infrastructure
Price volatility and uncertainty
SANEA invites you to attend this thought-provoking event and to contribute to the dialogue on energy risk in South Africa.
DATE: Wednesday, 22 May 2019
TIME: 17h30 for 18h00 until 20h00
Join us for refreshments and networking before the Energy Rendezvous kicks-off
VENUE: CITY OF CAPE TOWN Energy Head Office: Bloemhof
Bloemhof Street Bellville
Cape Town Please click here for a map and directions
PARKING: Parking will be available on the Energy Head Office premises
COST: Free attendance for SANEA members, staff of corporate members
and registered students!
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REGISTER / RSVP: Event from 17h30 – 20h00: Pleaseclick here for online registrations. Registration to be submitted by close of business on Monday, 20 May 2019 for catering purposes.