Leadership and collaboration for economic innovation and inclusive growth

TIPS Development Dialogue Seminar on Electricity Planning and the tough choices

TIPS will be hosting a Development Dialogue Seminar on electricity planning and the tough choices associated with that.

Date: Thursday, 9 July 2015
Time: 09h30 – 12h00
Venue: TIPS Boardroom, 227 Lange St, Nieuw Muckleneuk, Pretoria

RSVP by email: This email address is being protected from spambots. You need JavaScript enabled to view it. to confirm attendance.

TOPIC: Repositioning electricity planning at the core: An evaluation of South Africa’s Integrated Resource Plan

Energy and electricity issues in particular have recently been high on the South African agenda. Beyond immediate near-term considerations, reviewing the current electricity planning process is both a timely and necessary exercise. This review, based on an internationally-recognised framework developed by the World Resources Institute and Prayas Energy Group, unpacks the key pillars of an Integrated Resource Plan (IRP) and reviews South Africa’s performance. The objective is to provide a comprehensive overview of the key elements of successful electricity planning and to use this framework to reflect on the country’s opportunities and challenges for optimal planning and implementation.

Assistant Programme Manager, Sustainable Growth

TOPIC: Electricity pricing and economic development in South Africa: The real tough choices

Background: From the 1980s, growth in South Africa has depended in large part on low-cost, coal-fuelled electricity. This trajectory is no longer viable due to the rising costs of both new investment and climate change. TIPS undertook a systematic assessment of options for managing the cost and economic impact of various options for adapting to the new realities of electricity in both the short and long term.

Programme Manager, Trade and Industrial Policy

About the TIPS Development Dialogue Seminar Series: The objective of the Seminar series is to provide a platform to share views and ideas on specific development issues and alternative policy strategies. These seminars are geared towards individuals that are involved within various stages of the policy development process. To access the presentations of seminars which have already taken place, check our website under events.

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Bloomberg New Energy Outlook of 2015

The way humans get electricity is about to change forever. The just released Bloomberg New Energy Outlook of 2015 highlights 5 shifts that will disrupt the global electricity system going forward.  

These can be summarised as:

  • Solar, solar everywhere. The further decline in the cost of photovoltaic technology will drive a $3.7 trillion surge in investment in solar, both large-scale and small-scale.
  • Power to the people. Some $2.2 trillion of this will go on rooftop and other local PV systems, handing consumers and businesses the ability to generate their own electricity, to store it using batteries and – in parts of the developing world – to access power for the first time.
  • Demand undershoots. The march of energy-efficient technologies in areas such as lighting and air conditioning will help to limit growth in global power demand to 1.8% per year, down from 3% per year in 1990-2012. In OECD countries, power demand will be lower in 2040 than in 2014.
  • Gas flares only briefly. Natural gas will not be the “transition fuel” to wean the world off coal. North American shale will change the gas market, but coal-to-gas switching will be mainly a US story (and possibly an SA story). Many developing nations will opt for a twin-track of coal and renewables.
  • Climate peril. Despite investment of $8 trillion in renewables, there will be enough legacy fossil-fuel plants and enough investment in new coal-fired capacity in developing countries to ensure global CO2 emissions rise all the way to 2029, and will still be 13% above 2014 levels in 2040.

Read the full article here

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Presented by UCT’s Graduate School of Development Policy and Practice (GSDPP) in collaboration with the Economies of Regions Learning Network (ERLN) and the Government Technical Advisory Centre (GTAC) in the National Treasury, the course will take place on 24—26 August 2015 at Erinvale Estate Hotel & Spa, Somerset West.

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