How can South Africa advance a new energy paradigm? A mission-oriented approach to megaprojects

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Main author: Andreoni, Antonio
Other authors: Creamer, Kenneth
Mazzucato, Mariana
Steyn, Grove
Format: Journal Article           
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id eprints-38558
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description Green transition is a ‘wicked’ problem in that it is complex, systemic, interconnected, and urgent. In this paper we advance a ‘mission-oriented’ approach to reconceptualize energy megaprojects within a systemic, cross-sectoral, and challenge-driven policy framework for energy transition. This approach is operationalized through a discussion of project-level policy instruments including directional public finance, public procurement, and several types of conditionality. These instruments are geared towards shaping markets and industrial supply chains for green transition, and managing risks and rewards associated with energy megaprojects. We also look at the opportunities offered by a more decentralized energy system and the importance of building up state capacity and green coalitions supporting energy transition. We discuss this mission-oriented approach through a deep dive on the South African experience of energy megaprojects with a focus on the restructuring of its public utility, Eskom, as well as opportunities for sustainable industrialization.
format Journal Article
author Andreoni, Antonio
author_facet Andreoni, Antonio
Creamer, Kenneth
Mazzucato, Mariana
Steyn, Grove
authorStr Andreoni, Antonio
author_letter Andreoni, Antonio
author2 Creamer, Kenneth
Mazzucato, Mariana
Steyn, Grove
author2Str Creamer, Kenneth
Mazzucato, Mariana
Steyn, Grove
title How can South Africa advance a new energy paradigm? A mission-oriented approach to megaprojects
publisher Oxford University Press
publishDate 2022
url https://eprints.soas.ac.uk/38558/

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