May 19, 2020

South Africa's electricity demand curve is hot topic for CSP

Cape Town
electricity
Energy Efficiency
Photovoltaics
Bizclik Editor
2 min
South Africa's electricity demand curve is hot topic for CSP

Demand for electricity in South Africa has increased progressively over several years and the grid now faces supply and demand challenges.

As a result, the Department of Energy has implemented a new Integrated Resource Plan to enhance generation capacity and promote energy efficiency.

Photovoltaics (PV) and concentrated solar power (CSP) are set to be the main beneficiaries from the new plan having their initial allocation raised considerably.

Daily electricity demand in South Africa has a morning and evening peak, both in summer and winter.

This characteristic makes CSP with storage a very attractive technology for generating electricity on a large scale compared to PV, which currently can provide electricity at a cheaper price, but its capability to match the demand is limited to the morning demand peak.

 As experts highlight, CSP is the only renewable technology that provides dispatchable electricity that adapts to the demand curve, though at a higher price than PV.

However, the government in South Africa has recognised the flexibility that it offers to the grid (matching the demand and stabilising the system) over the levelised cost of energy (LCOE), and announced a bid window in March 2014 solely for CSP, where 200 MW are to be allocated.

 CSP’s operational flexibility allows the plant to be run in a conventional mode at maximum power output, store the excess energy and use the full load once the sun starts setting.

Another option is to adapt the production to the demand, reducing the load during the central hours of the day where PV can provide cheaper electricity, and shift that energy to generate at later hours without requiring a large storage system.

 At CSP Today South Africa 2014, which is scheduled to run between April 8th and 9th, Cape Town) (http://goo.gl/VnwPiF), International developers Abengoa and ACWA Power will assess strategies employed to optimise the thermal storage depending on the scale of the plant and the needs of the market.

National utility Eskom will identify the role CSP can play in improving energy efficiency by meeting current demand during peak times and stabilising the grid.

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Jun 11, 2021

G7 Summit guide: What it is and what leaders hope to achieve

G7
Sustainability
G7Summit
EU
3 min
Business Chief delves into what the G7 is and represents and what its 2021 summit hopes to achieve, in terms of sustainability and global trade

Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration. 

 

Who are the G7?

The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like. 

The merry band comprises:

  • Canada
  • France
  • Germany
  • Italy
  • Japan
  • The United Kingdom
  • The United States

Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.

 

Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda. 

 

When was the ‘G’ formed?

Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s. 

 

Why does the G7 exist?

At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted. 

 

The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability. 

 

It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations. 

 

Where is the 2021 G7 summit?

This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall. 
 

What will be discussed this year? 

After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”

 

The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values. 

 

According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.” 

 

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