The costs and benefits of the first renewables in South Africa
Dr Tobias Bischof-Niemz
Bischof-Niemz is leading the establishment of an integrated energy research centre at the CSIR. He has a PhD in engineering, completed at the Technical University of Darmstadt in Germany. Tobias serves as a member of the ministerial advisory council on energy, which advises Minister Joemat-Pettersson on long-term strategic questions around the energy sector in South Africa.
About the talk: The CSIR has developed a methodology to quantify the financial benefits of South Africa’s renewable energy projects. Renewable energy from South Africa’s first wind and solar photovoltaic (PV) projects created R0.8 billion more financial benefits to the country than they cost during 2014. In total, renewables contributed benefits of R5.3 billion to the country, while the tariff payments to independent power producers of the first wind and photovoltaic projects were only R4.5 billion, leaving a net benefit of R0.8 billion.
Bischof-Niemz will discuss the methodology and its implications for the future of renewables in South Africa.
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