Citing the need to resolve an “energy problem and an economic problem” rather than just an electricity shortage, Electricity and Energy Minister Dr Kgosientsho Ramokgopa stated that the load factor for South Africa’s proposed gas-to-power (GtP) plants will be increased from 25% to above 50%. Speaking at Eskom’s winter outlook presentation, he indicated that this policy change was a direct response to market feedback on how to encourage gas demand. Ramokgopa’s announcement occurs against the backdrop of concerns about South Africa’s looming ‘gas cliff’ – a sharp decrease in natural gas supply to key industrial regions as Sasol’s Mozambican gas fields approach depletion.
Recent Comments