South African Republic Energy Storage Power Supply Franchise

Why is energy storage important in South Africa?

But as South Africa changes its model for producing and distributing electricity, the demand for energy storage solutions is likely to rise. As coal-fired power plants are decommissioned and renewable energy sources – typically intermittent – are increasingly adopted, reliable and efficient energy storage is coming more and more to the fore.

Does South Africa have a battery storage system?

Matzner notes that South Africa has already made some progress in the deployment of battery storage systems, which can typically provide up to four to five hours of energy storage.

Is South Africa transitioning to a new energy system?

An Investec podcast on South Africa's energy transition. Matzner explains that South Africa is currently in the process of transitioning to a new system for electricity supply and consumption, from the one previously built around a single, state-owned utility (Eskom).

How can South Africa develop a sustainable and competitive battery storage industry?

Addressing this gap is crucial for the development of a sustainable and competitive domestic industry. Competition: The global battery storage industry is already dominated by established players, particularly in Asian countries. South Africa needs to develop a strong value proposition to attract investments and compete effectively.

How much thermal energy will South Africa produce in 2023?

The production of thermal energy in South Africa is expected to decline from 200.1 TWh in 2023 to 188.0 TWh in 2032.

What is the outlook for South Africa's Energy Future?

So far, the outlook is good: renewable sources now generate over 8% of South Africa’s electricity, and the government last year announced a bid window to add almost 15,000 MW of further renewable capacity, which should help put an end to recurrent power shortages.