Entries by

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.

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.

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.

South Africa submits new climate plan to win $8.5bn for coal switch

South Africa has submitted to some of the world’s richest nations a revised plan for how it will spend a proposed $8.5-billion to help it transition away from coal, two people familiar with the situation said. The new draft — sent to funding partners the UK, US, France, Germany and the European Union — advances a process that’s been mired for almost a year in complex negotiations. The people, who asked not to be named because talks are ongoing, declined to give any detail on what the amendments involve.

Cars.co.za buys into Sun Exchange Karoo off-grid solar project

Global solar leasing platform, Sun Exchange, has announced that South African automotive platform Cars.co.za has bought into a project that provides off-grid solar power, plus battery storage, to the Karoo Fresh commercial farm. By using the Sun Exchange platform to buy more than 16 000 solar cells, valued at more than R2.5-million, Cars.co.za says it hopes to leverage its balance sheet to drive sustainable energy, while also creating an alternative income stream for its business over the 20-year lifespan of the solar project.

Africa needs to use all its energy sources to develop, says AU Commissioner

Africa must make use of all its energy resources, as it needs to achieve development. So affirmed African Union (AU) Commissioner for Infrastructure and Energy Amani Abou-Zeid in her keynote address to the Africa Oil Week conference in Cape Town. She highlighted that some 50% of African people still had no access to modern energy. Moreover, for the first time, the process of connecting Africans to modern energy had slowed down. “Africa will have to utilise all forms of its energy sources to meet all its needs,” she said. “Now is not the time to be picking and choosing.”

Kenya’s Ruto breaks ranks, says Africa must leapfrog fossil fuel

Kenya’s President William Ruto, who took office last month, urged Africa to embrace renewable energy, breaking ranks with continental peers that are pressing ahead with plans to develop natural gas resources. In order to boost energy generation from renewable sources and to adapt to a warming climate, Africa will need funding and technology from the rich world, Ruto said in an opinion piece in the UK’s Guardian newspaper on Tuesday. Unlike many African countries, Kenya already derives 92% of its energy from renewable sources and aims to increase that to 100% by 2030, Ruto said, referring to the country’s geothermal, wind and solar plants.

SARB says power cuts to weigh on 2022 growth

The South African Reserve Bank (SARB) said on Tuesday it estimates that scheduled power cuts implemented by utility Eskom will shave about one percentage point from 2022 economic growth. Electricity outages in Africa’s most industrialised nation have reached record levels this year as Eskom, saddled with unreliable coal-fired power stations, has struggled to meet demand.