Unlocking private sector participation in infrastructure

Engineering News editor Terence Creamer discusses the key themes of the first Medium-Term Budget Policy Statement of the Government of National Unity, delivered by Finance Minister Enoch Godongwana, including specific moves to unlock private sector participation to build new transmission infrastructure.
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R390bn in electricity investment ‘tangible evidence’ of benefits of reforms

The first phase of Operation Vulindlela, which was set up jointly by the Presidency and the National Treasury to oversee structural economic reforms, unlocked R390-billion worth of investment in the electricity sector. The investment figure is included in the Medium-Term Budget Policy Statement released on Wednesday by Finance Minister Enoch Godongwana, who indicated the second phase would seek to build on previous efforts.
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NTCSA revises latest TDP considering uptick in expected generation capacity

The National Transmission Company of South Africa (NTCSA) has hosted its inaugural Transmission Development Plan (TDP) briefing since starting commercial operation in July this year, with the 2024 TDP reporting higher required transmission capacity installations compared with the prior TDP, in line with expected generation capacity increases.

NTCSA interim CEO Segomoco Scheppers says the prior TDP projected that 53 GW of new generation capacity would be online by 2032, with nearly 39 GW of the capacity coming from renewable energy. That would have required 4 200 km of high-voltage transmission lines and 170 transformers providing 105 000 MVA of capacity.

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Clean energy technology market to rival crude oil market value by 2035

Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current global crude oil market, a new International Energy Association (IEA) report shows. The latest edition of the IEA’s ‘Energy Technology Perspectives 2024’ (ETP-2024) report, which was published on October 30, states that trade in clean technologies is also expected to rise sharply. Within a decade from now, it will more than triple to reach $570-billion, more than 50% larger than current natural gas global trade figures.
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