South Africa is presently one of the world’s most exciting Energy markets. A key component of the South African Integrated Energy Plan is the Integrated Resource Plan (IRP), the Department of Energy’s (DoE) 20 year master-plan, which outlines new energy generating capacity from a range of technologies like, renewables, natural gas and nuclear.
The Eastern Cape is endowed with good resources for a diverse energy mix. The CDC plays a central role in advancing readiness for the realisation of various transformational energy-related initiatives, which include generation and manufacturing orientated projects for Energy sector. This aligns to the broader CDC mandate, anchored on advancing industrialisation through stimulating local content manufacturing. Key focus areas include:
• Locate LNG & Gas-to-Power power solution at Coega
• Build socio-economic linkage to Indigenous Gas Prospects
• Central in Nuclear Readiness Programme to support Thyspunt
• Expand Renewable Energy implementation to drive socio-economic growth
• Leverage lessons from Dedisa PPP & REIPPPP experience of the region
Gas Readiness at Coega
The 2015 Ministerial Determination allocated 3 126 MW to be generated from Natural Gas.
The CDC, and various State organs, including DoE, Eskom and CEF have conducted extensive preliminary work to advance the Readiness of Coega to locate a Gas-to-Power Project. The project entails the generation of over 2 500 MW of electricity, which would satisfy the bulk of the Eastern Cape electricity requirements.
As part of CDC’s preparation to locate the LNG facilities and Gas to Power Plant in the Coega SEZ & Port of Ngqura the organisation has identified three sites within the SEZ. These are in close proximity to the Port, sub-stations and services corridor.
The CDC has identified various opportunities in the Gas-to-Power value chain. These include the onshore and offshore opportunities that will add value to the economic development.
There is advanced industrial capability in the Province as well as in the Coega SEZ; providing an important offtake market for the gas hub. Furthermore, Coega is home to the DEDISA substation, which is vital infrastructure for injecting large amounts of power into the grid.