Resources investment company Menar MD Vuslat Bayoglu has emphasised that South Africa is on the precipice of a significant industrial revolution. Fuelling this revolution, however, will require a consistent and reliable baseload power source that can only be produced by coal-fired power stations, despite calls from more developed countries for South Africa to reduce its coal-fired power station capacity to achieve sustainability and carbon dioxide emission reduction goals, he said on the first day of the Southern African Coal Processing Society International Coal Conference, in Secunda, Mpumalanga, on August 15.
Turkish energy company Karpowership, which has been seeking to implement three ship-based power projects in South Africa after being named one of the preferred bidders in the government’s Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP), is “very confident” that the projects will proceed, despite prolonged regulatory setbacks. “It has been two years of going through all these processes and the only remaining licence to get are the environmental licences,” Karpowership South Africa and regional director Mehmet Katmer said during a visit to one of the company’s current projects in Rio de Janeiro, Brazil, last week.
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