ENERGY | SECTOR OVERVIEW
REIPP IMPACT BY THE END OF JUNE 2021:
INTEGRATED RESOURCE PLAN (IRP) 2019 By 2030 the electricity generation mix will be:
• 6422 MW has been procured from 12 IPPs
5.9%
8.7%
• 62 949 GWh generated from renewable sources, from REIPPP producers, since the programme’s inception in 2013
42.6% 10.6%
• 68 of 81 projects operational for 1+ years
22.7%
• Over a 12 month period those 68 companies generated 11 957 GWh • Enterprise development contributions of R484.1-million • Carbon emission reductions of 63.9 Mton CO2
Coal 33 364 MW
Energy Storage 5 000 MW
Wind 17 742 MW
Hydro5 4 600 MW
Solar photovoltaic (PV) 8 288 MW
Nuclear 1 860 MW
Gas or diesel 6 830 MW
ENERGY SERVICES MARKET GROWTH
• R209.7-billion committed for IPP development of which R41.8-billion is from foreign investors and financiers
According to Green Cape’s 2021 Market Intelligence Report, there are five main reasons for the growth
Total available markets for three biggest components in South Africa by 2035:
in the energy services market: 1.
A bove-inflation electricity price rises
2.
National energy insecurity
3.
• 34% of projects owned by black South Africans
L ower technology costs for renewable energy
4.
• Black communities own 9% of projects
P olicies, regulations, and tariffs in support of the industry
5.
Adapted finance options
• Foreign equity amounts to R29-5 billion (48%)
Concentrating Solar Power (CSP) 600 MW)
2 000 MW will be added, to bridge the gap, between 2019 and 2022.
INVESTMENT
• 52% of total equity shareholding (R31.5-billion) is held by South African citizens
0.8%
6.4%
• 5250 MW generation capacity from 81 IPP projects connected to national grid
• Water savings of 75.5 million kilolitres
2.4%
Solar photovoltaic: R75-BILLION Energy storage: R31-BILLION Energy efficiency: R25-BILLION
SOURCES greencape.co.za www.energy.gov.za ipp-projects.co.za parliament.gov.za
2 1 ST E D I T I O N
IMPUMELELO TOP EMPOWERMENT
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