South Africa’s government has thrown its weight behind renewable energy. The electricity and distribution landscape is changing at a rapid pace. This is significant in the new integrated resources plan (IRP) which is backing renewable energy to play a more significant role in the country’s future energy mix. The draft IRP was made public recently and stipulated that renewable energy would be the focus over the next decade. It is becoming inevitable that Eskom must revise its business model to diversify its portfolio and be innovative to have new revenue generation streams for it to be resilient.
This implies that the utility should also consider partnering with Independent Power Producers (IPPs) in the planning to build new renewable plants as an investor in these new projects if it wants to survive. According to the department of energy 27 renewable energy contracts are to be signed. These projects are located in mainly rural parts of South Africa and would amount to R55.92 billion in new direct investment in the energy sector and create much-needed jobs. The agreements will be signed after the high court threw out a bid by the National Union of Metalworkers of South Africa (Numsa) and Transform RSA to block the deal, which they said would lead to at least 30 000 job losses in Mpumalanga province, home to five Eskom coal-fired power stations.
Eskom supplies about 95 percent of South Africa’s electricity, most of it coal-fired. Supporters of renewable energy say implementing solar and wind electricity on a national scale would eventually drive power prices down.
The forum will address and help you understand renewable energy as a possible solution for the energy crisis faced by our Government. By attending this forum you will learn all you need to know about renewable energy and the role it will play in the country’s energy plans for the future. You will hear about Eskom’s corporate plan, which will provide more insight into a more pronounced role Eskom will play in the renewable energy sector. The recommended plan will use the least cost plan as a starting point, without constraints to renewable energy. The discussion will include coal, hydropower, existing PV (photovoltaic), wind and gas as possible solutions. The possibility of job losses will be discussed, as well as the impact of renewable energy on the price of electricity. You will get to ask questions and get answers about all aspects of the Independent Power Producers (IPPs) and the role they will play in providing renewable energy.
The forum will consist of a number of participants who will each discuss a particular topic of interest. The audience will then get an opportunity to direct questions to the forum members and as a result, attendees will get their most pressing questions answered.
Chris Yelland, Managing Director and Investigative Editor, EE Publishers
Niall Kramer, CEO, South African Oil and Gas Alliance (SAOGA)
Davin Chown, Chairman, The South African Photovoltaic Industry Association (SAPVIA)
Phil Canham, Chairman, CANHAM Mining International
Dr Dom Wills, CEO, SOLA Future Energy
Dr Clinton Carter-Brown, Head Energy Centre, Council for Scientific and Industrial Research (CSIR)
Date: Thursday, 15 November 2018
Standard rate: R275 per person
Student rate: FREE for Regenesys students
Venue: Regenesys Campus, 4 Pybus Road, Sandton
Light refreshments will be served.
You can’t afford to miss this forum. SEATS ARE LIMITED. BOOK NOW!