The South African experience with 1.3 billion renewables investment. Borrowing billions from overseas while they sit on vast reserves of coal, gas and oil. How to bankrupt a country? Renewable energy projects set up by the government now provide about 3922MW. But no renewable scheme can operate 24 hours, so it has a limited effect. For peak demand, two gas turbine stations were installed in 2008, which consume very high levels of gasified diesel. The future power supply can be solved by coal or nuclear power stations coupled with hydro pump storage schemes. There are coal reserves of 53billion tons, enough for 200 years of consumption at present rates. The existing open-cycle gas turbines should be supplemented with gas turbines burning heavy fuel oil, of which there is abundant supply. Coal supply mines should be responsible for delivery to ensure that the coal is actually delivered and on time. Gas imports from Mozambique should be accelerated. timeslive.co.za/businesstimes/2014/12/13/thirty-years-of-mistakes-at-eskom
Posted on: Thu, 18 Dec 2014 20:55:17 +0000
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