Energy Minister Jeff Radebe has officially signed 27 renewable energy projects which are set to reduce the amount of carbon dioxide (CO2) emitted by 8.1 million tonnes per year.  

The minister says the renewable energy programme is confirmation of South Africa’s commitment, to the Paris Agreement for the reduction of CO2 emissions worldwide.

“It also makes us part of the ever and fast changing global world of a renewable energy industry,” he adds.

Climate change and water security

With energy being the biggest consumer of water, Minister Radebe says the devastating impact of the current drought, specifically in the Western and Northern Cape provinces, over the last few years has highlighted the impact of climate change and water security.

“Generating electricity using renewable energy is an efficient way to minimise water consumption in the energy sector. The projects, once fully operational and at maximum capacity, will save 9.6 million kilolitres of water per annum compared to similar MW hours of electricity from fossil fuels. This is equivalent to the water needs of more than 1.2 million people a year,” Minister points out.

Affordable electricity

In addition to cutting carbon emissions the minister expects the deals to offer cost competitive rates for electricity.

“The estimated, average portfolio cost for all renewable energy technologies under the Renewable Energy Independent Power Producer Procurement Programme has dropped consistently in every bid round.

“Indications are that prices will continue to decrease in future rounds as demonstrated by the recent Solar PV and Wind prices elsewhere in the world. The lower prices coming from the renewable energy projects will provide the much needed relief to indigent households under the current economic conditions, Radebe says.