Forecast: Primary Energy Consumption in South Africa

The primary energy consumption in South Africa stood at 4.88 Exajoules in 2023. The forecasted data indicates a gradual increase, with values projected at 4.92 Exajoules for 2024, rising to 5.04 Exajoules by 2028. This reflects a steady year-on-year growth rate of approximately 0.8% from 2024 to 2025, 0.6% from 2025 to 2026, and 0.4% from 2026 to 2027, culminating in a 0.6% increase from 2027 to 2028. Over the last two years, 2023 to 2025, this trend demonstrates a consistent positive trajectory in energy consumption. The compound annual growth rate (CAGR) over the five-year period is thus approximately 0.65%.

Future trends to watch for include the potential for significant changes due to increased investments in renewable energy sources, technological advancements in energy efficiency, and policy shifts towards sustainable energy practices. Monitoring the impact of these factors on fossil fuel dependency and total energy consumption will be crucial.

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