South Africa Power Market Size and Trends by Installed Capacity, Generation, Transmission, Distribution, and Technology, Regulations, Key Players and Forecast, 2022-2035
The South Africa power market cumulative installed capacity was 64.5 GW in 2021. The market is expected to grow at a CAGR of more than 1% from 2021 to 2035. During this period, renewable power is expected to witness rapid growth.
The South Africa power market research report discusses the power market structure of South Africa and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. Detailed analysis of the country’s power market regulatory structure, competitive landscape, and a list of major power plants are provided. The report also gives a snapshot of the power sector in the country on broad parameters of macroeconomics, supply security, generation infrastructure, transmission and distribution infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential.
South Africa Power Market Outlook
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South Africa Power Market Dynamics
South Africa generates most of its electricity requirement from coal-based capacity. More than 70% of installed capacity is achieved through coal. The new IRP has called for the retirement of coal power plants. The country, therefore, intends to increase gas-based capacity to maintain electricity supply. But South Africa does not have adequate gas reserves. It proposes to source its gas requirements from the neighboring country, Mozambique. It is also in talks with other Southern African Development Community (SADC) members to source its gas requirements.
The Southern African Power Pool (SAPP) was established to provide reliable and economical electricity to its members and facilitate regional transmission development, under which three transmission corridors are currently planned. SAPP aims to facilitate the development of a competitive electricity market in the South African Development Community (SADC) region consisting of 16 member countries. The Western corridor will supply electricity between the Democratic Republic of Congo, Angola, Namibia, South Africa, and Botswana. The Central corridor will supply between Zambia, Zimbabwe, South Africa, and Botswana, and finally, the Eastern corridor will supply electricity between Tanzania, Kenya, Mozambique, and South Africa.
The power sector is largely government controlled. The main regulator, the National Energy Regulator of South Africa (NERSA), functions Although power generation has been deregulated, allowing Independent Power Producers (IPP) to operate, the majority share of this market is held by Eskom Holdings Limited (Eskom), a government-owned utility. Transmission and Distribution (T&D) is also controlled by Eskom.
Key Sectors in the South Africa Power Market
The key sectors in the South Africa power market are the residential sector, commercial sector, industrial sector, transport sector, and others. In 2021, the industrial sector had the dominant share in the power consumption market followed by the residential sector and commercial sector.
South Africa Power Market Analysis by Sectors
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Key Market Players in the South Africa Power Market
Some of the key market players in the South Africa power market are Eskom Holdings SOC Ltd, Enel SpA, and Engie SA. South Africa’s power generation market was dominated by Eskom Holdings SOC Ltd in 2021.
South Africa Power Market Analysis by Market Players
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Market Report Overview
Market size (Year – 2021) |  64.5 GW |
Growth rate (CAGR) | Â >1% |
Key sectors | Â Residential Sector, Commercial Sector, Industrial Sector, Transport Sector, and Others |
Key market players | Â Eskom Holdings SOC Ltd, Enel SpA, and Engie SA |
ScopeÂ
- Snapshot of the country’s power sector across parameters – macroeconomics, supply security, generation infrastructure, transmission infrastructure, electricity import and export scenario, degree of competition, regulatory scenario, and future potential of the power sector.
- Statistics for installed capacity, generation, and consumption from 2010 to 2021, and forecast for the next 14 years to 2035
- Capacity, generation, and major power plants by technology
- Data on leading active and upcoming power plants
- Information on transmission and distribution infrastructure, and electricity imports and exports
- Policy and regulatory framework governing the market
- Detailed analysis of top market participants, including market share analysis and SWOT analysis
Reasons to Buy
- Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the country’s power sector
- Identify key factors driving investment opportunities in the country’s power sector
- Facilitate decision-making based on strong historic and forecast data
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the industry’s growth potential
- Identify key partners and business development avenues
- Identify key strengths and weaknesses of important market participants
- Respond to your competitors’ business structure, strategy, and prospects
Key Players
Table of Contents
List of Tables
List of Figures
Frequently Asked Questions
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