2,500 MW Of Private Electricity Generation Projects Registered In South Africa In Q1
21 hours ago
South Africa’s current installed generation capacity is about 50 GW, but the country is currently experiencing its worst ever period of electricity rationing, known as load-shedding. In a bid to remove some administrative bottlenecks and to accelerate the adoption of private electricity generation projects in the C&I sector as well as by large energy users in general, South Africa has removed some of the stringent requirements for companies to generate power for their own consumption.
Before the amendment to Schedule 2 of the Electricity Act, anyone planning to produce their own electricity had to apply for a license if the power plant was larger than 1 MW. It was quite a process to go through all the steps up until the license was granted. In August 2021, the licensing threshold was raised to 100 MW. Generation projects will still need to obtain a grid connection permit to ensure that they meet all of the requirements for grid compliance.
The move to remove licensing requirements has been a major catalyst for private sector investment into the electricity sector. Since the licensing requirements were removed in December of last year, there has been a marked increase in the number of registrations as well as in the size of the generation plants being registered.
There has been an exponential growth in the number of registrations of new generation projects by private companies. In 2020, when the threshold was still 1 MW, about 53 MW of projects were registered throughout the whole year, according to data from Nersa. In 2021, about 135 MW of projects were registered. In 2022, generation projects totaling 1,646 MW were registered, and this growth started just after the licensing threshold was increased. 2023 has been even better.
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