DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/0586ac/private_power_gene) has announced the addition of Frost & Sullivan's new report "Private Power Generation Opportunities in South Africa" to their offering.
This Frost & Sullivan research service titled Private Power Generation Opportunities in South Africa provides a comprehensive overview of the dynamics driving market growth, the industry challenges and the current and anticipated projects. In this study, Frost & Sullivan's expert analysts thoroughly examine the following application areas:
- Wind
- Solar
- Small Hydro
- Coal
- Oil/Diesel
- Gas
Key Topics Covered:
- Executive Summary
- Market Dynamics
- Industry Overview
- Strategy to 2030
- Procurement Programmes
- Investment Opportunities Analysis
- Strategic Conclusions and Recommendations
MARKET OVERVIEW
The growing demand for electricity, the liberalisation of the electricity supply industry, as well as the funding limitations and time constraints on public utility Eskom are driving increased private sector participation in the South African power industry. Market growth for private power producers in South Africa is being driven by a pressing need for new generation capacity and the associated cost of financing this new build, notes the analyst of this research. Renewable energy generation is set to become the largest area of participation for private power producers in South Africa, with several projects already in the developmental phase.
At present, the demand/supply gap is extremely tight. Additional capacity needs have been forecast at 56.6 GW between now and 2030. Eskom is facing significant time pressure and financial constraints in developing this additional capacity. This has created opportunities for private power generation. Recent efforts to liberalise the electricity supply industry have been reflected in the Department of Energy (DoE)'s mandate that independent power producers (IPPs) make up 30.0 per cent of new generation capacity by 2030. Rising electricity prices and the implementation of schemes such as RE-IPPPP have created a strong incentive for private producers to enter the market.
Tariff increases represent another encouraging trend for private power producers.
REASONS TO BUY
This comprehensive, objective information allows your company to mitigate risk, identify new opportunities, and drive effective strategies for growth.
For more information visit http://www.researchandmarkets.com/research/0586ac/private_power_gene