South African Power Commodity Market – Forecast to 2022 – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "South
African Power Commodity Market, Forecast to 2022" report has
been added to Research and Markets' offering.
Renewable energy has taken centre stage in South Africa's expanding
power generation capacity, necessitating development and maintenance of
requisite transmission infrastructure. Switch gears, transformers, and
reactors are critical in supplying quality power to customers in a
cost-effective manner. Local research and development, manufacturing,
and supply chains will assist OEMs in these components in reducing
manufacturing costs whilst increase competitiveness. There will be a
steady shift in procurement strategy of utilities that will focus on the
total cost of ownership (TCO) as against considering capital costs
alone. Establishing a supply chain based on business activities could
help deliver cost and value advantages to utilities.
Eskom's operational expenses have been increasing continuously in South
Africa, with a negative impact on customers in the form of rising
tariffs. Distributed generation, renewable energy, and a shift in
economic activity have resulted in declining electricity sales affecting
profit margins. In order to ensure business sustainability, Eskom will
be required to upgrade its transmission infrastructure and equipment to
minimise losses and ensure optimal performance of equipment through the
adoption of latest technologies and materials.
The REIPPPP in South Africa has created tremendous interest amongst
private investors, with major power projects focusing on solar
photovoltaics (PV), concentrated solar power (CSP), wind, and biomass
energy. Renewable energy accounted for 9.7% of the energy mix in South
Africa in 2016. The government has determined that 3,725 MW is to be
generated from renewable energy as stated in the IIRP 2010-2030 under
the REIPPP programme. The growing contribution of renewable power and
its inherent intermittent nature will drive the demand for upgraded
transmission equipment and infrastructure requiring minimum maintenance
and longer service life.
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Drivers And Restraints
4. Switchgear Market
5. High And Medium Voltage Switchgears
6. Low Voltage Switchgears
7. Competitor Profiling-Switchgears
8. Power Transformers And Auxiliary Transformers
9. Shunt Reactors
10. Competitor Profiling-Power Transformers, Auxiliary Transformers, And
Shunt Reactors
11. Improving Supply Chains And OEM Agreements
12. Growth Opportunities And Companies To Action
For more information about this report visit https://www.researchandmarkets.com/research/jtjnjc/south_african
Contacts
Research and Markets
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Capital
Markets