Forecast: Renewable Power Generation in South Africa

The renewable power generation in South Africa was 0.17 Exajoules in 2023. The forecasted data suggests a steady growth from 2024 to 2028, starting at 0.18 Exajoules in 2024 and increasing by 0.01 Exajoules each year to reach 0.22 Exajoules in 2028. This represents a year-on-year increase of around 5.56% from 2024 to 2025, and a consistent 5.26% annual increase for the subsequent years. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) stands at approximately 5.26%.

Future trends to watch for in South African renewable power generation include technological advancements in solar and wind energy, government policy changes favoring renewable energy, and potential investments in infrastructure aimed at enhancing energy storage and grid integration capacities. These factors could accelerate the growth rate beyond current forecasts.