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Complexities in regulation and financing of renewable energy projects in South Africa: An enquiry using a stakeholder analysis

Dissertation (MPhil)--University of Pretoria, 2023

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Main Author: Wudebwe, Tafadzwa
Other Authors: Olivier, Johan
Format: Thesis
Language:English
Published: University of Pretoria 2024
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access_status_str Open Access
author Wudebwe, Tafadzwa
author2 Olivier, Johan
author_browse Olivier, Johan
Wudebwe, Tafadzwa
author_facet Olivier, Johan
Wudebwe, Tafadzwa
author_sort Wudebwe, Tafadzwa
collection Thesis
dc_rights_str_mv © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.
description Dissertation (MPhil)--University of Pretoria, 2023
format Thesis
id oai:repository.up.ac.za:2263/96151
institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:34.018Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2024
publishDateRange 2024
publishDateSort 2024
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/96151 Complexities in regulation and financing of renewable energy projects in South Africa: An enquiry using a stakeholder analysis Wudebwe, Tafadzwa Olivier, Johan Stakeholder theory Renewable energy Renewable stakeholder Finance Qualitative research Dissertation (MPhil)--University of Pretoria, 2023 Starting from the observation that stakeholders in the renewable energy sector represent multiple interests, each exhibiting formal and informal power to varying degree, the study explored the stakeholder understandings of renewable energy in South Africa, and what that meant for policy and practice. To engage in the qualitative exploration, semi-structured interviews were conducted on a purposively selected sample of thirteen participants who represented independent power producers, households, regulators and financiers. Also utilised were secondary sources of data from research reports, news publications and other online sources such as interviews available publicly on YouTube. The study drew an understanding of how stakeholders view renewable energy regulation and finance and how they hoped the same could be regulated and funded going forward. By and large, there was a sense that regulation was lacking in quality, in clarity and in consistency. These sentiments were dominant among participants even though sympathy for the government’s position was expressed in some instances. Finance was understood to be well-structured although innovation on finance models was noticeably weak. Two dominant models were utilised by funders leaving room for more innovation to be attempted. Given the dynamic nature of the sector, the study’s theoretical contribution was in the form of a renewable stakeholder. Renewable stakeholder denotes stakeholder participation which is not fixed but continuously responsive to changes in the environment. With regular changes of regulations, of technology, of stakeholder interests and even of political appointments as was the case during the study, renewable stakeholders also adjust or reposition themselves. In this way, their understanding of the sector and the technology is not fixed and they continue to remain vibrant in the sector. In demonstrating flexibility and movement, the study augments to stakeholder theory’s portrayal of stakeholders; instead of fixed objects with fixed interests in fixed sets of relations, the stakeholders in the study presented here demonstrate flexibility and, in some senses, malleability. pagibs2024 2024-05-22T07:35:27Z 2024-05-22T07:35:27Z 2024-04-17 2024-04-17 Mini Dissertation * A2024 http://hdl.handle.net/2263/96151 en © 2023 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria
spellingShingle Stakeholder theory
Renewable energy
Renewable stakeholder
Finance
Qualitative research
Wudebwe, Tafadzwa
Complexities in regulation and financing of renewable energy projects in South Africa: An enquiry using a stakeholder analysis
title Complexities in regulation and financing of renewable energy projects in South Africa: An enquiry using a stakeholder analysis
title_full Complexities in regulation and financing of renewable energy projects in South Africa: An enquiry using a stakeholder analysis
title_fullStr Complexities in regulation and financing of renewable energy projects in South Africa: An enquiry using a stakeholder analysis
title_full_unstemmed Complexities in regulation and financing of renewable energy projects in South Africa: An enquiry using a stakeholder analysis
title_short Complexities in regulation and financing of renewable energy projects in South Africa: An enquiry using a stakeholder analysis
title_sort complexities in regulation and financing of renewable energy projects in south africa an enquiry using a stakeholder analysis
topic Stakeholder theory
Renewable energy
Renewable stakeholder
Finance
Qualitative research
url http://hdl.handle.net/2263/96151
work_keys_str_mv AT wudebwetafadzwa complexitiesinregulationandfinancingofrenewableenergyprojectsinsouthafricaanenquiryusingastakeholderanalysis