Business Report
Renewable energy is supplying electricity to South Africa at prices that are around 40 percent cheaper than electricity prices forecast for the Medupi and Kusile coal powered plants which are still under construction.
Delegates at the Windaba conference in Cape Town, organised by the SA Wind Energy Association (Sawea) and the Global Wind Energy Council, heard that the average price for wind energy in South Africa had come down from R1.41 a kilowatt-hour in 2011, when the renewable energy programme began, to 71c a kilowatt-hour this year - a decrease of 50 percent.
