South Africa’s plan to build gas-fired power plants has become outdated with renewables becoming cheaper, Meridian Economics has found.
to build large-scale, gas-fired power plants as it transitions away from coal has become outdated with renewable technologies becoming cheaper and pressure mounting to curb its carbon emissions, a Meridian Economics study has found.
Power generated from gas on a large scale would cost 40% more and result in seven times more emissions than securing it from peaking plants that burn the fuel intermittently to complement renewable energy output, Meridian’s analysts wrote in a report published on Monday. “There is no role for large-scale, gas-fired power generation in the South African power system for the foreseeable future,” they said.
Eskom generates about 80% of South Africa’s electricity from coal-fired plants that have been poorly maintained and are reaching the end of their lives. The state power utility’s inability to meet demand has resulted in rolling blackouts since 2008.
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