South Africa Electricity Generation Report 2024 - South Africa's Electricity Crisis Intensified in 2023, with Extensive Breakdowns at Eskom's Power Stations

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Feb 20, 2024, 18:45 ET

DUBLIN, Feb. 20, 2024 /PRNewswire/ -- The "Generation of Electricity in South Africa 2024" report has been added to ResearchAndMarkets.com's offering.

South Africa's electricity crisis intensified in 2023 due to extensive breakdowns at the debt-laden Eskom's aging power stations. This comes at a time when the renewable energy independent power procurement programme has slowed considerably. Recent regulatory changes have unlocked new avenues of private and municipal investment in electricity generation.

Eskom's unbundling into separate generation, transmission, and distribution companies, was targeted to be complete by the middle of 2024. Eskom planned to reduce loadshedding in 2024 with the return of large amounts of capacity to operation after long periods of maintenance. The electricity grid is at capacity with limited opportunity to receive new supply.

Key Opportunities

Electricity trading providing remote markets for independent power producers.
Private supply of distributed electricity generation capacity for large companies.
Solar panel prices have dropped considerably, making embedded solutions more affordable.

Challenges

Continued theft and corruption at Eskom.
Eskom's continued poor financial and operational performance.
Installing sufficient renewable energy and gas generation supply to reduce dependence on coal.
The national grid is at capacity.

Trends

Eskom's poor financial and operational performance continues. Eskom's municipal debt continues to be very high. Loadshedding continues to escalate. Regulatory moves to separate Eskom into three companies and to introduce competition in electricity generation gained pace in 2023.

Renewable energy companies have taken advantage of new commercial and industrial self-generation projects. Small-scale embedded solar generation, predominantly residential, rapidly increased in 2023. The contribution of coal-sourced electricity to total generation has been declining. The introduction of new utility-scale independent renewable energy power supply to Eskom is being constrained by the lack of capacity on the national grid.

Outlook

The electricity crisis has caused significant losses to the economy. Private renewable energy generation companies face challenges as the grid is at full capacity. The outlook for the electricity generation industry is poor. Government anticipates the supply deficit to last until 2027. There could be some relief from the removal of regulatory hurdles to private sector participation and direct municipal procurement of electricity. Embedded rooftop solar generation and self-generation investment continue to grow.

The unbundling of Eskom will enable the private sector to supply utility-scale electricity. Treasury has implemented a plan to relieve Eskom debt, and Eskom has implemented a plan to tackle municipal debt.

Report Coverage

This report on the generation of electricity in South Africa provides comprehensive information on Eskom and independent power producers, energy sources including renewables, and changes to the energy mix, the new draft Integrated Resource Plan, the Eskom crisis, smallscale generation, notable players and regulatory developments.

It also covers influencing factors such as input costs, and the changing competitive landscape. There are profiles of 31 companies including Eskom, the Avon and Dedisa peaking power plants, emergency energy provider Karpowership and renewable companies such as Mulilo Energy, EDF, ACWA Power, Oya Energy, African Rainbow and Energy Projects, Sola Group, Globaleq, Enel Green Powe, Scatec, Cennergi, Seriti Green and Pele Green Energy.

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry

3. LOCAL
3.1. State of the Industry
3.2. Key Trends
3.3. Key Issues
3.4. Notable Players
3.5. Trade
3.6. Corporate Actions
3.7. Regulations
3.8. Enterprise Development and Social Development

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS
6.1. Unforeseen Events
6.2. Economic Environment
6.3. Labour
6.4. Environmental Issues
6.5. Technology, R&D, Innovation
6.6. Government Support
6.7. Input Costs

7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry

8. INDUSTRY SUMMARY

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

COMPANY PROFILES

Acciona Energy South Africa (Pty) Ltd
ACWA Power Solafrica Bokpoort CSP Power Plant (RF) (Pty) Ltd
African Rainbow Energy and Power (Pty) Ltd
Associated Energy Services (Pty) Ltd
Avon Peaking Power (RF) (Pty) Ltd
BioTherm Energy (Pty) Ltd
Building Energy Uganda Ltd
Cennergi (Pty) Ltd
Cennergi Services (Pty) Ltd
Consolidated Building Materials (Pty) Ltd
Coria (PKF) Investments 28 (RF) (Pty) Ltd
Coxabengoa Services South Africa (Pty) Ltd
Dedisa Peaking Power (RF) (Pty) Ltd
EDF Renewables (Pty) Ltd
Ejuva One Solar Energy (Pty) Ltd
Ejuva Two Solar Energy (Pty) Ltd
Enel Green Power RSA (Pty) Ltd
Enel Green Power Zambia Ltd
Engie Southern Africa (Pty) Ltd
Eskom Holdings SOC Ltd
Globeleq South Africa Management Services (Pty) Ltd
Hopefield Wind Farm Local Community Company NPC
Karpowership SA (Pty) Ltd
Karpowership SA Coega (RF) (Pty) Ltd
Karpowership SA Fuel Services Company (Pty) Ltd
Karpowership SA Operation and Maintenance Company (Pty) Ltd
Karpowership SA Richards Bay (RF) (Pty) Ltd
Karpowership SA Saldanha (RF) (Pty) Ltd
Knowledge Pele (Pty) Ltd
Lekela Power Intermediate Holdings (Pty) Ltd
Mainstream South Africa Renewable Power (Pty) Ltd
Mulilo Energy Holdings (Pty) Ltd
National Energy Regulator of South Africa
National Transmission Company South Africa SOC Ltd
Pele Energy Group (RF) (Pty) Ltd
Pele Natural Energy (RF) (Pty) Ltd
Rainmaker Energy Holdings UK Ltd
RCSA Energy (Pty) Ltd
Reatile Group (Pty) Ltd
Reatile Industrial (Pty) Ltd
Reatile Technologies (Pty) Ltd
Reatile Treasury (RF) (Pty) Ltd
Red Rocket South Africa (Pty) Ltd
Rubis Asphalt South Africa (Pty) Ltd
Scatec Africa (Pty) Ltd
SEF SOC Ltd
Seriti Green Developments South Africa (Pty) Ltd
Sola Group (Pty) Ltd
Solar Capital (Pty) Ltd
Tuwin 411 Logistics (Pty) Ltd
Tuwin Energy Solutions (Pty) Ltd

For more information about this report visit https://www.researchandmarkets.com/r/qibvza

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