Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW outlined in the draft Integrated Resource Plan 2023.
Speaking at mine ventilation solutions developer Howden’s Technology Day, hosted at Mintek, in Johannesburg, on April 17, he explained that this calculation was made by considering the need to overcome Stage 6 or even Stage 7 loadshedding, when Stage 6 was being regularly achieved, as well as ensure a 15% reserve margin for winter peak demand.
He said 13 GW of GtP would enable Eskom to comfortably undertake regular maintenance of its coal fleet over the long term, while effectively alleviating any loadshedding risk.
He said there was little doubt that the Southern African region had significant hydrocarbons, most likely including South Africa, which ought to be responsibly developed for economic growth, fiscal benefit and GtP.
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Speaking at mine ventilation solutions developer Howden’s Technology Day, hosted at Mintek, in Johannesburg, on April 17, he explained that this calculation was made by considering the need to overcome Stage 6 or even Stage 7 loadshedding, when Stage 6 was being regularly achieved, as well as ensure a 15% reserve margin for winter peak demand.
He said 13 GW of GtP would enable Eskom to comfortably undertake regular maintenance of its coal fleet over the long term, while effectively alleviating any loadshedding risk.
He said there was little doubt that the Southern African region had significant hydrocarbons, most likely including South Africa, which ought to be responsibly developed for economic growth, fiscal benefit and GtP.
Read more...........>>>>>>
Please support our members......
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