Electricity generation in South Africa experienced fluctuations between 2013 and 2023, with a decreasing trend predominantly. The value in 2023 stood at 235.58 Terawatt-hours (TWh), showing a marginal year-on-year increase of 0.34%. The last two years saw variations of -3.9% and +0.34% respectively, suggesting slight recovery efforts despite previous declines. The CAGR over the past five years was -1.67%, indicating an overall downward trend in electricity generation.
From 2024 onwards, forecasted data shows a stabilizing trend with a slight increase in electricity generation. The forecasted 5-year CAGR is 0.22%, projecting moderate growth through 2028. Key future trends to watch include the integration of renewable energy sources, government energy policies, and technological advancements in energy efficiency and grid management.