Renewable energy gathers steam in South Africa

Show simple item record Walwyn, David Richard Brent, Alan Colin 2015-09-08T08:27:13Z 2015-09-08T08:27:13Z 2015-01
dc.description.abstract South Africa’s Renewable Energy Independent Power Producers Procurement Programme (the REI4P) is an extensive initiative to install 17.8 GW of electricity generation capacity from renewables – wind, solar, biomass, biogas and hydropower – over the period 2012 to 2030. Although at the outset the REI4P seemed an expensive option, designed only to deflect criticism of South Africa’s high carbon footprint and excessive dependence on coal-based electricity generation, the escalating costs of the latter, the rapidly falling costs of photovoltaic and wind power, and the increasingly competitive bidding process of the REI4P have changed this prospect. At the conclusion of round three, the weighted cost of energy has reached a 23% discount to the cost of new coal-based generation and a 28% discount to global renewable energy prices. The bidders’ commitments to local employment creation have similarly increased from 11 to 18 jobs/MW. The programme is now well placed to deliver on a broad range of objectives, including regional development and black economic empowerment. However, maximum benefit from the REI4P will not be secured without some revision to aspects of the bidding and procurement process. More specifically, the local content provisions need to be tightened to drive higher levels of local manufacturing. en_ZA
dc.description.embargo 2016-01-31 en_ZA
dc.description.librarian hb2015 en_ZA
dc.description.uri en_ZA
dc.identifier.citation Walwyn, DR & Brent, AC 2015, 'Renewable energy gathers steam in South Africa', Renewable and Sustainable Energy Reviews, vol. 41, pp. 390-401. en_ZA
dc.identifier.issn 1364-0321 (print)
dc.identifier.issn 1879-0690 (online)
dc.identifier.other 10.1016/j.rser.2014.08.049
dc.language.iso en en_ZA
dc.publisher Elsevier en_ZA
dc.rights © 2014 Elsevier Ltd. All rights reserved. Notice : this is the author’s version of a work that was accepted for publication in Renewable and Sustainable Energy Reviews . Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Renewable and Sustainable Energy Reviews, vol. 41, pp.390-401, 2015. doi :10.1016/j.rser.2014.08.049. en_ZA
dc.subject Renewable energy en_ZA
dc.subject Learning curve en_ZA
dc.subject Localisation en_ZA
dc.subject Energy policy en_ZA
dc.subject South Africa (SA) en_ZA
dc.title Renewable energy gathers steam in South Africa en_ZA
dc.type Postprint Article en_ZA

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