Energy experts from G20 countries will soon meet in Sun City, South Africa — which currently holds the rotating presidency of the group — to discuss the impacts of nuclear energy expansion. The G20 is composed of the world’s 19 largest economies and the European Union, together representing around 85% of the global economy.
The Department of Electricity and Energy of the North West Province (DEEN) believes that South Africa’s presidency of the group will bring significant benefits to the country. The main goal is to strengthen nuclear energy production capacity, which is seen as essential to gradually replacing coal-fired power plants with cleaner and more sustainable energy sources.
During the meeting, participants will share experiences and knowledge on the role of nuclear energy in mitigating climate change. According to the South African government, this energy transition is crucial for economic growth, job creation, and ensuring a more secure and reliable energy supply.
Zizamele Mbambo, Deputy Director-General of DEEN, highlighted that the G20 brings together wealthy and developed countries that could invest in South Africa’s energy sector. “It’s a perfect opportunity for the country to promote our energy mix,” he said, referring to South Africa’s combination of different electricity production sources.
Mbambo added that the South African government will explore various ways to finance the nuclear program. “There are innovative financing options that can be explored. The mission is to find out which would work best for the country,” he explained, stressing the importance of choosing viable financial solutions tailored to the national reality.
Recently, Minister of Electricity and Energy Kgosientsho Ramokgopa stated that nuclear energy will be one of the central tools in South Africa’s climate policy, adding that “no one should be left behind in the global energy transition.” He reaffirmed the country’s commitment to reducing carbon emissions by 2050, as outlined in the Paris Agreement.
Source: SABC News
