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🔒 Best of 2024: FT - A cautionary tale from Komati Power Station’s 'atomic bomb scenario'

Summary by BizNews.com
The closure and repurposing of South Africa’s Komati Power Station was intended to showcase a just transition to green energy. Instead, it exposed the stark challenges of balancing renewable goals with economic and social stability in coal-dependent communities. With jobs lost, social unrest, and funding risks, Komati’s story serves as a global warning on the pitfalls of poor planning. Eskom’s leadership is now determined to ensure Komati’s less…
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