Load shedding has ceased to be top of mind for South Africans over the past few weeks, but it will be back.South Africa must urgently and sustainably solve the lack of suitable energy supply for its ever increasing electricity demand. Load shedding must end and the IRP should provide a roadmap for achieving this. But it does not.
“Coal plants have long been synonymous with negative environmental impact due to the reduction in air quality and health risk in surrounding communities. The plants have also been shown to be very unreliable as a result of the aging infrastructure and historical maintenance neglect.” “The consensus view by energy experts across the country is that the only way to solve load shedding is from new investments in renewable energy projects. In addition to feasibly high costs of keeping the existing plants running, it seems likely that the mooted “clean coal” technology would be uneconomically expensive, assuming it could even be executed,” Maliwa says.
According to the PCC “the least cost, no-regret option remains renewables, batteries and balancing and peaking support, for example from gas. Not only are these the cheapest, secure options, but they are also the only options with build times short enough to make a meaningful impact on load shedding”.
Maliwa says the take-up of support for renewable energy investment by the private sector shows its willingness to support this initiative. The capital market also has undeployed funds ready for investment into new renewable energy projects.
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