Financial services firm Absa, in collaboration with the University of the Witwatersrand (Wits) Business School (WBS), has sponsored the newly formed Absa Chair in Future Energy. It will house a laboratory that will model real-time impacts to energy systems and value chains of a range of factors, such as technology disruption, climate change and changes in consumption patterns, with the aim is to understand, predict and adapt to changes in energy supply and consumption from multiple sources.