South Africa’s Energy Minister, Gwede Mantashe, has recently unveiled the country’s Integrated Resource Plan (IRP), which outlines strategies for a stable electricity supply from 2023 to 2050, and aims to end power cuts and meet growing energy demands.
South Africa has grappled with worsening load-shedding since 2007, with the country experiencing half of 2023 without electricity. Approximately 4,000 hours of blackouts.
Ending Load-Shedding
The IRP focuses on two key timeframes, the first being 2023 to 2030, which aims at stabilising South Africa’s power supply and ending load-shedding. The second timeframe, 2031 to 2050, will seek to generate sufficient power for the future. The plan adopts a variety of approaches, incorporating energy sources such as gas, solar, wind, and batteries to mitigate the impact of load-shedding.
New Power Sources
The IRP proposes the addition of new power sources to the energy mix by 2027, including 6,000MW of gas, 1,500 megawatts (MW) of solar, 3,000MW of wind, and 2,000MW of battery storage.
Financial Implications
South Africa’s ambitious plan comes with a significant financial commitment, with estimated costs ranging from R5.9 trillion ($315 billion) to R8.4 trillion ($449 billion). However, with the gravity of its energy situation and the urgency to find lasting solutions, the country is willing to meet these costs.
Eskom’s Role and Challenges
The IRP indicates that Eskom, South Africa’s struggling state-owned electricity company, will continue to provide energy, sparking concerns over its ability to sustain operations. Tech Cabal reports that Eskom risks being shutdown due to harmful emissions, as indicated by its 2023 results revealing an increase in harmful particles emitted for every watt produced.
Private companies are setting themselves up to fill potential gaps in electricity supply.