January 2018

IDC wants to revive Coega wind energy project

Johannesburg – The Industrial Development Corporation (IDC) is looking for a strategic equity partner to resuscitate a R500 million failed wind energy project at the Coega special economic zone near Port Elizabeth.

The project was derailed because government and Eskom halted the signing of new power purchase agreements.READ MORE

WIND ENERGY INDUSTRY ANTICIPATE THE SIGNING OF OUTSTANDING PPAs

The South African Wind Energy Association (SAWEA) together with the broader renewable power sector anticipate the conclusion of the 26 outstanding power purchase agreements (PPAs) in the first quarter of 2018. 

The majority of the processes that precede the finalisation of the PPA’s were fulfilled by the IPP Office and the Preferred Bidders during mid-December. The Minister of Public Enterprises is now required to provide her approval in terms of section 54(2) of the Public Finance Management Act so that the Department of Energy (DoE) can conclude Direct Agreements with preferred bidders.READ MORE

SA’s renewables production costs minimised at high penetration levels, NREL study shows

Preliminary Findings of the South Africa Power System Capacity Expansion and Operational Model Study (2.38 MB) Download

A new independent study published by the National Renewable Energy Laboratory(NREL), in the US, concludes that significant production cost savings could be achieved if South Africa added between 60 GW and 100 GW of additional variable renewable energy (VRE) by 2035.

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GIZ REPORT

A report commissioned by Deutsche Gesellschaft für Internationale Zusammenarbeit (September 2017) and prepared for the Department of Energy and Eskom has assessed the impact of variable generation technologies on system operation in South Africa until 2030.

It discredits the notion that a high penetration of renewables will be difficult and costly to manage in the South African context, and that that high penetration of wind and solar PV can be handled by the system at moderate additional cost.

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Key World Energy Statistics 2017

2017 marks the 20th edition of the Key World Energy Statistics (KWES) – the annual booklet of the IEA’s most used statistics. This milestone’s edition has been enriched with more information on energy efficiency and renewables, more geographic data and also more of the fundamental data required to fully understand energy security.

Key World Energy Statistics contains timely, clearly presented data on the supply, transformation and consumption of all major energy sources for the main regions of the world, proving everyone with an interest in energy key statistics on more than 150 countries and regions including energy indicators, energy balances, prices, RDD and CO2 emissions as well as energy forecasts. 

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