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UK institutional investors begged politicians stop interfering in the solar energy support

Publish Time:2015-03-12 Sources:Grasol

There is no doubt that the current South Africa's electric power market supply and demand imbalance will lead to alternative sources of energy, especially solar power generation technology in South Africa are more attractive than any time before, at the same time, the feasibility and necessity of its development will be greatly enhanced.

Imbalance of supply and demand of electricity in South Africa after 5 PM to 10 PM during peak was especially obvious, its stable supply ability obviously inadequate.This imbalance has also led to frequent key generators in South Africa, but also with the high cost of gas turbine chance d, every year for Eskom state power company (South Africa) bring an unplanned spending billions of rand (currency) in South Africa.


Before, many countries around the world are trying to through the development of solar energy to increase the independence of the respective energy supply, improve energy base load intensity, at the same time reach the purpose of promoting national economic growth and reduce carbon emissions.Northern cape in South Africa, and other parts of Africa the sunshine time of up to 2500 hours a year, which makes the solar power technology in the development of these regions have a lot of advantages, to obtain rapid development are supposed to be a natural thing to do.
Although South Africa (and a few have long relied on other countries of traditional fossil fuel energy) the development of renewable energy industry is still in its infancy, but it has made a great contribution to the South African grid and save millions of rand.
In the next few years, because of the public-private partnership model to promote the development of renewable energy in South Africa is likely to get an opportunity to soar, especially the solar-thermal power generation technology will be widely accepted and applied, and is likely to grow up to be the main force of electricity market in South Africa, because it is the only one can be followed a massive power and stable and adjustable renewable energy, these advantages can help South Africa is very good solution to its peak power crisis.
South African science and industry council (CSIR) comprehensive energy research center recently released a report that 2014 solar power and wind power projects in South Africa to remove operational cost to deliver a profit to South Africa 800 million rand, this shows that renewable energy can produce tangible benefits.These projects at the same time save diesel oil and coal 37 billion rand.
According to the report, according to South African renewable energy power generation costs have fallen sharply in recent years, and the future will fall further, this will make the renewable energy projects in the future is much more economical and competitive.The report also predicts 2020 solar power cost will be cheaper than coal.

CSIR TobiasBischof chief engineer - Dr Niemz said in the report, the current new photovoltaic power generation cost of the project is far less than 1 rand ($0.5065 yuan), solar-thermal power generation costs also have a huge cost reduction potential.