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Friday, 22 January 2016 09:53

SADC: A potential renewable energy gold mine

The SADC Renewable Energy and Energy Efficiency Report 2015 has identified huge untapped renewable energy potential in the region.
Renewables now account for approximately 23,5% of power generation, largely driven by electricity supply shortages in several key countries, but also by the changing economics of wind and solar energy.

The overall hydropower potential SADC countries is estimated at about 1 080 terawatt hours per year (TWh/year), but capacity being utilised at present is just under 31 TWh/year. The International Renewable Energy Agency (IRENA) further estimates that the solar power potential of the region is at approximately 20 000 terawatt-hours (TWh) per year. However, the current installed solar capacity is less than 1% of this figure.

Although South Africa remains the regional leader in renewable energy investment, small and large investors are now also targeting renewable energy investments in countries such as Mozambique, Tanzania, Angola, Botswana, Namibia and Zimbabwe.

Source: The Southern Times

Link: http://southernafrican.news/2016/01/08/sadc-a-potential-renewable-energy-gold-mine/