Developing as much as 9 500 MW of gas projects could cost at least R184 billion, according to analysis by IISD.
Introducing 3 000 MW of gas capacity and gas supply by 2030 - aligned to the Integrated Resources Plan of 2019 would cost at least R47 billion, according to the IISD. As of March 2022, the SA government plans at least 14 000 MW of gas to power projects - more than a third of Eskom's coal fleet. The IISD further critiques government's motives for pushing the development of gas-to-power, as is seen by the inclusion of such projects in the Risk Mitigation Independent Power Producer Procurement Programme . According to the RMI4P, gas is to provide bulk power supply, as opposed to just meet peaking demand requirements or to balance the system, the report indicated.
Firstly, gas is a fossil fuel that emits carbon dioxide when burned, contributing to climate change. Gas has been punted as a better option than coal when it comes to carbon dioxide emissions. The gas infrastructure also risks becoming stranded assets - especially in the face of cheaper alternatives like renewables.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
The Russia-Ukraine war will hurt SA’s investment ambitions: lessons from nine warsHaving put in motion structural economic reforms, SA has embarked on a marketing journey through investment conferences aiming to attract $100bn in direct investment from domestic and foreign private sector investors. IsaahMhlanga So many Bitcoin traders on Twitter are trickster LindaStouffes thank you for opening my eyes to their ways now I’m pretty sure I’ll be able to help others IsaahMhlanga What about the conflict in Ethiopia, Somalia, Mali, Burkina Faso, DRC & mostly with US hands? What's special about Ukraine whose economy is about to contract by 40%? Russia Ruble is 20% today since the invasion. SA and Africa are with Russia & must openly support them. IsaahMhlanga There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about GregoryLillian5 has been a pleasure collaborating with you in trading bitcoin .there is no other way I can show my appreciation other than tweeting the good deed.
Källa: SundayTimesZA - 🏆 47. / 51 Läs mer »
Middle East Venture Partners eyes investment in SA start-upsCompany has set aside $50m for funding in Africa, about half of which has already been allotted I just wanna say a big thank you to ValerieJoines9 I was nobody until a friend of mine introduced me into investing with you, Since then it's been nothing but financial 💰 Success for me. I will invite my friends and family into your company ValerieJoines9 you are the best
Källa: BDliveSA - 🏆 12. / 63 Läs mer »