Substantial green energy investment needed to bridge African power gap

The shortage of electricity in many African countries is about equivalent to 1% of the global average and if this energy poverty gap is to be bridged by renewable energy in line with carbon-neutral targets, Africa will need to deploy an additional 2 354 GW of renewable generation by 2050 to bring the continent up to the world average for electricity access and meet decarbonisation commitments, professional services firm PwC estimates. This increase of nearly 40 times the current installed renewables capacity of 59 GW is estimated to cost Africa about $2.6-trillion – about the current size of Africa’s gross domestic product.
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Besides 2021, more power was cut in September than in any other year since load-shedding started

Eskom data has confirmed that South Africans endured their worst-ever month of load-shedding in September 2022, with a total of 1 503 GWh estimated to have been shed and with 572 hours of the month’s 720 hours directly affected. Analysis by Eskom Research, Testing and Development’s Dr Ulrich Minnaar also shows that, besides 2021, there were more power cuts in September than had been experienced in any other entire year since load-shedding started in 2007.
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Decarbonisation underpins RBM’s move to buy solar electricity from 148 MW project

Leading South African mineral sands producer Richards Bay Minerals (RBM) has entered into a 20-year power purchase agreement (PPA) with independent power producer Voltalia for the supply of wheeled renewable energy from a 148 MW solar photovoltaic (PV) facility in Limpopo to its smelting and processing facilities in KwaZulu-Natal. Voltalia and its black economic empowerment partners will begin construction of the Bolobedu solar project in 2023 at a site that is about 120 km east of Polokwane.
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