DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5jbl8r/energy_efficiency) has announced the addition of the "Energy Efficiency and Large South African Commercial Businesses" report to their offering.
The research service highlights energy efficiency in the South African commercial sector, with a focus on large commercial businesses. The research service discusses the major drivers as well as major restraints the commercial sector faces when implementing energy efficiency projects. The study also outlines potential energy savings as well as current savings to date from energy efficiency initiatives that have been implemented. The research service discusses the focus areas for maximising energy savings for large commercial businesses in South Africa and the key success factors associated with implementing successful energy efficiency projects.
The Importance Of Energy Efficiency In South Africa
- The current demand-supply situation in South Africa is very tight. The key to the growth of South Africa's economy is an efficient and sustainable source of electricity.
- The country's electricity tariffs have not been cost reflective and have been set in the past to stimulate foreign investment and drive economic growth. This situation has proved to be unsustainable.
- The utility has struggled to raise money quickly to build new power plants to prevent a repeat of the 2008 crisis when rolling blackouts were common.
- Rolling blackouts and unscheduled power outages are predicted to become a common occurrence within the next 5 years if measures are not taken to reduce the demand-supply gap.
- Increasing electricity tariffs coupled with electricity demand outweighing supply are compelling reasons for businesses to reduce their energy use.
- Eskom should also encourage energy savings across different sectors of South Africa, saving both money and energy.
- South Africa's demand for electricity will continue to increase, and any setbacks regarding electricity supply will dampen the government's plans for economic growth and job creation.
For more information visit http://www.researchandmarkets.com/research/5jbl8r/energy_efficiency
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