Tag: International Energy Agency
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SA is embracing hybrids, but all-electric and plug-in sales lag
South Africans are slowly warming to hybrid vehicles but not to fully electric or plug-in hybrids. More than 6,000 hybrid vehicles were sold in 2023, 10 times the number sold in 2021. That is still just a fraction of the approximately 350,000 traditional internal combustion engine (ICE) passenger vehicles sold every year. FULL STORY +…
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Copper hits new highs as demand, including for renewables, soars
Copper prices have hit new highs over the past month as demand for the metal grows and experts predict a shortage in years to come. Copper is a key material in sectors including telecoms, power generation and construction. It is used in wiring for broadband networks and for transformers and generators in the power production…
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Shell’s divestment from SA follows global energy trends
Although Shell plans to sell off its service stations and refinery, it will retain its explorative and extractive activities in the Karoo and off the Wild Coast.