Globally and domestically, the big challenge is the shrinking gap between energy supply and demand. In South Africa, specific issues include:
- Supply and demand growth in the power sector is a reflection of population expansion, increased economic activity and changing energy intensity/efficiency.
- South Africa has cheap electricity. However, pricing reform is underway, which could affect patterns of consumption.
- Natural monopoly areas of transmission and distribution characterise the sector, in which industry regulators are increasing the pressure on operators to both improve their efficiency and customer performance standards.
- The need for private sector investment in new or privatised infrastructure is becoming a vital component of economic growth.
How we can help
Through KPMG’s Global Energy Institute, power and utility professionals assist organisations across the energy supply chain.
Our services cover:
- Financial statement audit and accounting advice
- Information technology assurance and advisory
- Tax compliance and advisory (corporate, indirect, expatriate)
- R&D concessions
- Capital and operating expenditure monitoring
- Corporate governance support
- Forensic support and dispute advisory services
- Business process improvement
- Internal audit, risk and control services
- Sustainability and climate change advisory
- Capital structure efficiency and debt advisory
- Transaction opportunity identification and negotiation support
- Financial due diligence and tax structuring advice
- Integration advice
- Corporate finance and valuations.