The new hedge against global uncertainty lies in two distinct yet related technologies: EVs and solar energy
The ongoing geopolitical tensions are having a seismic impact on the global energy system, with ordinary citizens feeling the effects directly. Add to this persistent inflation and rising electricity tariffs, and the average South African finds themselves buckling under financial strain. In this context, renewable energy and products, such as solar power and electric vehicles (EVs), can no longer be seen as merely sustainable options. Instead, they’ve become financially and operationally necessary. The world is still highly reliant on fossil fuels, with the Energy Institute’s 2025 Statistical Review of World Energy reporting that fossil fuels supply roughly 86% of the world’s total energy. This underscores the extent to which world economies remain exposed to the volatility of oil, gas, and coal. While the majority of large companies participate in fuel hedging, financial contracts that protect price, these contracts do not protect availability. Companies with hedge contract...