Building capacity in emerging markets

The Power Futures Lab at the UCT GSB is a leading centre of excellence and expertise. We are dedicated to enhancing understanding and building capacity in infrastructure investment, reform and regulation, in support of sustainable development In Africa and other emerging economies. Our main focus at present is in electricity and water, but growth is expected in the gas sector. We work on three fronts:

  1. Providing education and training via executive and professional short courses:
  2. Research related to the frontiers of infrastructure investment, reform and regulation in Africa; and
  3. Professional support and policy advocacy.


Leaders, managers and professionals in infrastructure sectors around the world are facing new and complex challenges and they need new skills and mindsets to support them in this time. The old model of state-owned, vertically integrated utilities is giving way to hybrid models with increased private sector participation and competition and new regulatory regimes are being put in place.

Reformed utilities need to deliver expanded and affordable services for the poor, while underpinning and supporting economic growth. At the same time, renewable energy is reaching grid-parity, distributed generation is on the rise and new reform and regulatory models need to be explored to accelerate investment and to manage power systems effectively.

The Power Futures Lab is responding to these challenges with targeted research, training and development, and public advocacy. Our aim is to inform, equip and empower those working in the sector to navigate this changing landscape with confidence.


We offer three UCT GSB Executive Education short courses.


Our faculty are widely published in both academic and popular media.


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Professor Emeritus, Director of the Power Futures Lab

Anton Eberhard is a Professor Emeritus and Senior Scholar at the University of Cape Town where he directs the Power Futures Lab at the Graduate School of Business. His research and teaching focuses on governance and regulatory incentives to improve utility performance, the political-economy of power sector reform, power investment challenges, and linkages to electricity access and sustainable development. A recent focus has been the design of renewable energy auctions. Prof Eberhard is a member of the Global Commission to End Energy Poverty. He has worked in the energy sector across Sub-Saharan Africa, and other developing regions, for more than 35 years and was the founding Director of the Energy and Development Research Centre. He is a Foundation Member of the Academy of Science of South Africa. He was appointed by the President of South Africa to chair a task team to resolve serious financial and technical challenges in the national utility, Eskom, and to make proposals on the restructuring of the power sector. Previously he has served on the country’s Ministerial Advisory Council on Energy, the National Planning Commission, the National Advisory Council on Innovation, and the Board of the National Electricity Regulator of South Africa. In 2012, he received the SA National Energy Association’s award for outstanding and sustained contributions to the enhancement of the South African energy environment. Prof Eberhard has more than 100 peer reviewed publications to his credit including three recent books: Independent Power Projects in Sub-Saharan AfricaPower Sector Reform and Regulation in Africa; and Africa’s Power Infrastructure: Investment, Integration and Efficiency.  He has undertaken numerous assignments for governments, utilities, regulatory authorities, donor and multi-lateral agencies, banks and private sector companies.


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