South Africa’s renewable energy procurement: A new frontier?

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dc.contributor.authorBaker, Lucy
dc.contributor.authorWlokas, Holle Linnea
dc.coverage.spatialSouth Africaen_ZA
dc.date.accessioned2015-07-29T09:06:10Z
dc.date.available2015-07-29T09:06:10Z
dc.date.issued2015-04-02
dc.description.abstractDespite a continuing electricity crisis from its coal-fired sources, in recent years South Africa has become one of the leading destinations for renewable energy investment. This is thanks to the launch of its renewable energy independent power producers’ programme for which an estimated $14 billion/R168 billion has been committed thus far and approximately 4 GW of utility-scale renewable energy capacity approved. The programme is unique in that it in order for projects to qualify, developers must commit to undertake requirements for community ownership and economic development benefits in a country with gross socio-economic inequality. As the industry facilitated by RE IPPPP continues to develop, however, concerns have arisen including: the extent to which financial returns will leave or benefit the country; that the ownership of the industry is rapidly becoming the domain of large international utilities; and emerging tensions between ‘bankability’ required by banks and investors and the economic benefits and community ownership criteria.en_ZA
dc.identifier.apacitationBaker, L., & Wlokas, H. L. (2015). <i>South Africa’s renewable energy procurement: A new frontier?</i> (ERC Research Report Series). University of Cape Town ,Faculty of Engineering & the Built Environment ,Energy Research Centre. Retrieved from http://hdl.handle.net/11427/13566en_ZA
dc.identifier.chicagocitationBaker, Lucy, and Holle Linnea Wlokas <i>South Africa’s renewable energy procurement: A new frontier?.</i> ERC Research Report Series. University of Cape Town ,Faculty of Engineering & the Built Environment ,Energy Research Centre, 2015. http://hdl.handle.net/11427/13566en_ZA
dc.identifier.citationBaker, L and Wlokas, H L. 2015. South Africa’s renewable energy procurement: A new frontier? Energy Research Centre, University of Cape Town, Cape Town, South Africa.en_ZA
dc.identifier.ris TY - Working Paper AU - Baker, Lucy AU - Wlokas, Holle Linnea AB - Despite a continuing electricity crisis from its coal-fired sources, in recent years South Africa has become one of the leading destinations for renewable energy investment. This is thanks to the launch of its renewable energy independent power producers’ programme for which an estimated $14 billion/R168 billion has been committed thus far and approximately 4 GW of utility-scale renewable energy capacity approved. The programme is unique in that it in order for projects to qualify, developers must commit to undertake requirements for community ownership and economic development benefits in a country with gross socio-economic inequality. As the industry facilitated by RE IPPPP continues to develop, however, concerns have arisen including: the extent to which financial returns will leave or benefit the country; that the ownership of the industry is rapidly becoming the domain of large international utilities; and emerging tensions between ‘bankability’ required by banks and investors and the economic benefits and community ownership criteria. DA - 2015-04-02 DB - OpenUCT DP - University of Cape Town KW - Renewables KW - REIPPPP KW - Procurement LK - https://open.uct.ac.za PB - University of Cape Town PY - 2015 T1 - South Africa’s renewable energy procurement: A new frontier? TI - South Africa’s renewable energy procurement: A new frontier? UR - http://hdl.handle.net/11427/13566 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/13566
dc.identifier.vancouvercitationBaker L, Wlokas HL. South Africa’s renewable energy procurement: A new frontier?. 2015 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/13566en_ZA
dc.languageengen_ZA
dc.publisher.departmentEnergy Research Centreen_ZA
dc.publisher.facultyFaculty of Engineering and the Built Environment
dc.publisher.institutionUniversity of Cape Town
dc.relation.ispartofseriesERC Research Report Seriesen_ZA
dc.rightsCreative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/4.0/en_ZA
dc.subjectRenewablesen_ZA
dc.subjectREIPPPPen_ZA
dc.subjectProcurementen_ZA
dc.titleSouth Africa’s renewable energy procurement: A new frontier?en_ZA
dc.typeWorking Paperen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceResearch paperen_ZA
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