Forecast: Primary Energy Supply in South Africa

The forecasted primary energy supply in South Africa shows a steady, albeit slight, increase from 2024 to 2028. Starting at 126.15 million tonnes of oil equivalent (Mtoe) in 2024 and growing to 127.30 Mtoe by 2028, the year-on-year growth remains marginal but consistent. This suggests a stable but slow growth trajectory in South Africa’s energy supply, with an annual average growth rate that reflects cautious optimism in the energy sector’s expansion or efficiency improvements.

Looking ahead, key trends to watch include the transition towards renewable energy sources, the impact of global energy market fluctuations, and the country’s efforts in energy efficiency and sustainability. These factors will play crucial roles in shaping the future landscape of South Africa’s primary energy supply, potentially influencing the pace and direction of growth beyond the forecast period.

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