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The BRICS bloc has the potential to tackle energy challenges in member countries and should use their individual capabilities toward addressing them.
South Africas Electricity and Energy Minister, Dr Kgosientsho Ramokgopa, called on the BRICS+ bloc of countries to work together to assist and support member countries in this endeavour.
Ramokgopa was delivering his opening remarks at the 9th Annual BRICS Energy Ministers Meeting in Moscow, Russia on Thursday (26 September).
"We believe that this BRICS group of like-minded country members has a huge potential, and working together will strengthen this resolve through cooperation on energy security."
Energy sector opportunities
L[It will] also provide an opportunity to join efforts to annihilate the challenges diagnosed during the BRICS 2023 Summit held in South Africa, such as addressing the lack or absence of integrated energy policy framework, diversification and benefication at source of critical minerals, infrastructure development, manufacturing, technology transfer and intellectual property, scaling up energy efficiency, mobilisation of finance and investment, as well as skills and capacity building, amongst others," Ramokgopa said.
He called on the member countries to "tap and dig deeper into various capabilities and strengths" to ensure mutual support in harnessing the individual potential each country has at its disposal.
LTo mention a few opportunities, it is mining and benefication of critical minerals, and rare-earth elements required to power the green economy, [expand] hydro power potential, promising hydrogen solutions and its derivatives, gas, nuclear - including small modular reactors, renewables, storage, biofuels, as well as clean coal, and carbon capture utilisation and storage," the Minister said. |
