South Africa Focuses on Battery and Gas Power

South Africa plans to prioritize 9.6 gigawatts of battery storage and gas to power projects. The electricity minister says this will help integrate renewable energy and address grid capacity constraints.

Xurve View
Insights:
FILE PHOTO: South Africa electricity minister Kgosientsho Ramokgopa gestures during his presentation address at a China-South Africa New Energy Investment and Cooperation Conference in Sandton, South Africa, June 13, 2023. REUTERS/Siphiwe Sibeko/ File Photo

South Africa will prioritize the rollout of 9.6 gigawatts of battery storage and Natural Gas power projects, electricity and energy minister Kgosientsho Ramokgopa said on Wednesday afternoon. The continent's largest economy plans to add more than 105 gigawatts of new generation capacity by 2039. The push aims to alleviate grid constraints holding back existing renewable energy resources.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.