The Council for Scientific and Industrial Research (CSIR) says the tariffs achieved during the fifth bid window of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) confirm its previous analysis showing that renewable energy is the lowest cost generation option available for South Africa. In late October, Mineral Resources and Energy Minister Gwede Mantashe announced the names of 25 preferred bidders to build 13 wind and 12 solar projects with a combined capacity of 2 583 MW.
Data and analytics company GlobalData reports that a weakness of lithium-ion battery materials in Western countries is set to impede electric vehicle (EV) adoption and serve to demonstrate China’s dominance of the EV market.
China dominates the lithium-ion battery supply chain, specifically in terms of battery cells, cathode and anode production and chemical refining.
As Eskom exited one of its most intensive periods of load-shedding on Friday November 12, CEO Andre de Ruyter promised greater transparency in future on both the state and performance of the power system given the likelihood that the risk of disruption will persist for the coming three to four years. The State-owned utility suspended its latest bout of load-shedding – initially implemented at Stage 2 on November 5, but then swiftly escalated to Stage 4 before being trimmed back to Stage 2 almost a week later – early on Friday morning.
INDUSTRY NEWS
- Eskom, Indian power utility sign knowledge exchange MoUNovember 28, 2024 - 2:04 pm
- Eskom threatens to disconnect Free State municipality over more than R330m in unpaid debtNovember 28, 2024 - 12:04 pm
- IMF urges South Africa to prioritise ongoing electricity and logistics reform to enhance …November 27, 2024 - 5:04 pm
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