Key Market Indicators
South Africa's electricity generation is projected to increase modestly over the next few years. By 2028, the nation's output is expected to reach approximately 239 Terawatt-hours, up from around 236 Terawatt-hours in 2023. This represents an average annual growth rate of 0.2%. Historically, South Africa's electricity supply has seen a decline. Since 1990, the country has experienced an average annual decrease of 1.7% in electricity generation. In 2023, South Africa ranked 21st in global electricity generation, with Vietnam slightly ahead, producing the same amount of 236 Terawatt-hours. Leading the global rankings were the United States, India, and Russia, in second, third, and fourth places respectively.
