dc.contributor.author |
Bohlmann, Jessika Andreina
|
|
dc.contributor.author |
Bohlmann, Heinrich R.
|
|
dc.contributor.author |
Inglesi-Lotz, Roula
|
|
dc.contributor.author |
Van Heerden, J.H. (Jan Horn), 1957-
|
|
dc.date.accessioned |
2016-08-30T14:05:43Z |
|
dc.date.issued |
2016-10 |
|
dc.description.abstract |
This paper investigates the role that the building of two new power stations, Medupi
and Kusile, will play in facilitating future economic activity in South Africa. We use a
dynamic computable general equilibrium (CGE) model to estimate the economy-wide
effects of these new power stations. Our simulation results also provide insight into
how much the local economy has lost due to inadequate electricity supply in the
period leading up to the construction of Medupi and Kusile. We find that the decision
to build additional power generation capacity was necessary and justified, and that
the failure to sooner recognise the need for expansion of the country’s electricity
generation capacity and subsequent delays in commissioning Medupi and Kusile,
likely cost the economy over R110bn in lost production. Additional analysis, in which
a further two-year delay in the construction of Medupi and Kusile is simulated, shows
that such an event will cause the economy to perform below baseline projections up
to 2022. |
en_ZA |
dc.description.department |
Economics |
en_ZA |
dc.description.embargo |
2017-10-31 |
|
dc.description.librarian |
hb2016 |
en_ZA |
dc.description.sponsorship |
Economic Research Southern Africa (ERSA) |
en_ZA |
dc.description.uri |
http://www.elsevier.com/locate/enpol |
en_ZA |
dc.identifier.citation |
Bohlmann, J, Bohlmann, H, Inglesi-Lotz, R & Van Heerden, JH 2016, 'An economy-wide evaluation of new power generation in South Africa : the case of Medupi and Kusile', Energy Policy, vol. 97, pp. 450-460. |
en_ZA |
dc.identifier.issn |
0301-4215 (print) |
|
dc.identifier.issn |
1873-6777 (online) |
|
dc.identifier.other |
10.1016/j.enpol.2016.07.020 |
|
dc.identifier.uri |
http://hdl.handle.net/2263/56500 |
|
dc.language.iso |
en |
en_ZA |
dc.publisher |
Elsevier |
en_ZA |
dc.rights |
© 2016 Elsevier Ltd. All rights reserved. Notice : this is the author’s version of a work that was accepted for publication in Energy Policy. 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 Energy Policy, vol. 97, pp. 450-460, 2016. doi : 10.1016/j.enpol.2016.07.020. |
en_ZA |
dc.subject |
Electricity supply |
en_ZA |
dc.subject |
Computable general equilibrium (CGE) |
en_ZA |
dc.subject |
University of Pretoria General Equilibrium Model (UPGEM) |
en_ZA |
dc.title |
An economy-wide evaluation of new power generation in South Africa : the case of Medupi and Kusile |
en_ZA |
dc.type |
Postprint Article |
en_ZA |