Based on the provided data, South Africa's total renewable energy supply as a percentage of Total Primary Energy Supply has been forecasted to decline gradually from 2024 to 2028. The percentage values decrease from 6.28% in 2024 to 6.04% in 2028. This shows a consistent, albeit slight, downward trend over the period.
When analyzing the year-on-year variations over the last two years (from 2026 to 2028), there is a minor decrease in the percentage of renewable energy. The compound annual growth rate (CAGR) over the five-year period indicates an average annual reduction, reflecting a slow but steady decline.
- Year-on-year variation from 2026 to 2027: -0.98%
- Year-on-year variation from 2027 to 2028: -0.98%
- CAGR from 2024 to 2028: -0.98%
Future trends to watch for include the potential impacts of new policies targeting carbon reduction, technological advancements in renewable energy, and fluctuations in global energy prices. It will be important to monitor government and private sector investments in renewable energy infrastructure which can potentially counteract the observed decline.
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