Rushing SA gas investment could cost consumers and be just as harmful as coal, report finds | Fin24

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Developing as much as 9 500 MW of gas projects could cost at least R184 billion, according to an analysis by IISD.

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.

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