Generation of Electricity in South Africa 2017 – ResearchAndMarkets.com

January 24, 2018

DUBLIN–(BUSINESS WIRE)–The "Generation
of Electricity in South Africa 2017" report has been added to ResearchAndMarkets.com's
offering.

The report examines current conditions and describes the developments in
the generation of electricity in South Africa.

Profiles for 13 companies are provided, ranging from state-owned
companies Eskom and the Central Energy Fund to small renewable producers
such as Avon Peaking Power (RF) (Pty) Ltd which focuses on thermal
energy, and Cennergi (Pty) Ltd, active in the solar sector.

State-owned utility Eskom, which supplies 95% of the country's power,
has been plagued with negative publicity relating to increasing
electricity costs, corruption and mismanagement. Credit ratings
downgrades, financial instability and declining electricity sales have
made the utility heavily reliant on government funding and despite the
high upfront capital costs of nuclear projects, government plans to go
ahead with the nuclear build programme.

Although Eskom reported in July 2017 that its total revenue increased
7.9% to R177bn for the year ended March 2017, the utility's profit
declined drastically by 85%, from R8bn to R1bn. Net finance costs
increased 82%, from R8bn to R14bn, over the year and the amount of money
owed to Eskom increased from about R1.2bn in 2012 to R11.3bn in 2016.
Overall electricity sales declined 0.2% with large decreases in the
industrial and agricultural sectors of 3.7% and 5.7% respectively.

Despite delays in the awarding of contracts to Independent Power
Producers (IPPs), the Renewable Energy Independent Power Producer
Programme (REIPPPP) has to date attracted more than R195bn in private
investment. In 2016 a record 161GW of newly installed renewable power
capacity was added, an increase of almost 9% compared to 2015. Solar PV
accounted for approximately 47% of the total additions, with the
equivalent of more than 31,000 panels installed hourly. Wind power
accounted for 34% and hydropower 15.5% of the total.

Company Profiles

  • ACWA Power Solafrica Bokpoort CSP Power Plant (RF) (Pty) Ltd
  • Associated Energy Services (Pty) Ltd
  • Avon Peaking Power (RF) (Pty) Ltd
  • CEF (SOC) Ltd
  • Cennergi (Pty) Ltd
  • Coria (PKF) Investments 28 (RF) (Pty) Ltd
  • Dedisa Peaking Power (Rf) (Pty) Ltd
  • Eskom Holdings SOC Ltd
  • Hopefield Wind Farm Local Community Company
  • Kelvin Power (Pty) Ltd
  • National Energy Regulator of South Africa
  • Phelan Energy Group (Pty) Ltd
  • Rosatom Central and Southern Africa (Pty) Ltd

For more information about this report visit https://www.researchandmarkets.com/research/2kc8tx/generation_of?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Electricity