Projects and Energy Weekly Snippets
4 December 2015
South Africa could lose $69bn by 2030 if nuclear is thrown out, say economists
On Thursday, the Nuclear Industry Association of Southern Africa (NIASA) hosted a round-table in Johannesburg, with the concluding discussion leaning in favour of nuclear being a vital part of the country’s energy mix.
According to IOL News, economists have said that if new nuclear technology is not integrated into the energy mix, the country’s economy could lose around ZAR1.4 trillion ($69 billion) and over five million jobs by 2030.
ESI-Africa, 27 November 2015
Countries, investors pledge billions for clean energy technology
Government and business leaders are banking on clean energy technology to fight global warming, kicking off this week's high-stakes climate change negotiations by pledging billions of dollars to research and develop a technical fix to the planet's climate woes.
Microsoft founder and philanthropist Bill Gates, President Barack Obama and French President Francois Hollande will launch a joint initiative on Monday after a diplomatic push in recent weeks ahead of the Paris climate conference.
Associated Press, 30 November 2015
V&A Waterfront invests in rooftop solar system
A 7 500 m2 rooftop solar system has been installed on several buildings at the V&A Waterfront in Cape Town.
The powering of several buildings on the iconic property will result in an estimated 1 640 000 kWh/y of clean energy. So far, 900 kW have been successfully connected to the grid on six roofs.
Engineering News, 30 November 2015
$210m Moz-to-SA gas pipeline expansion moves ahead
The 865 km gas pipeline from the central processing facility (CPF) in Temane, Mozambique, to Secunda, South Africa, is to undergo a further $210 million expansion, the Republic of Mozambique Pipeline Investments Company (Rompco) confirmed on Monday.
The gas will initially be consumed in South Africa, but will eventually also service markets in Mozambique.
Engineering News, 30 November 2015
France, Germany to fund renewables in Africa
France will commit €2 billion towards boosting renewable energy in Africa before 2020, President François Hollande said on Tuesday. Hollande made the announcement after meeting with the heads of state from 12 African countries gathered at an international climate summit near Paris for negotiations on a global agreement to limit man-made emissions that cause climate change.
The German Economic Cooperation and Development Ministry also said it will contribute €3 billion to the project before 2020.
Engineering News, 1 December 2015
China promises $1.2bn loan for Hwange thermal power plant upgrade
Zimbabwe's finance minister Patrick Chinamasa stated that China has committed to provide a $1.2 billion loan for the refurbishment of the coal-fired Hwange thermal power plant in Zimbabwe.
Chinamasa told Bloomberg Business that the work on two generators at Hwange thermal power plant will add 600 MW of power to the country's struggling power supply, which will ease the need to ration electricity.
ESI-Africa, 2 December 2015
South Africa and France foster long-term nuclear relationship
On Monday, President of the Nuclear Industry Association of South Africa (NIASA), Dr Rob Adam, and Valérie Faudon, Director General from the French Nuclear Society (SFEN), signed a cooperation agreement. The intention of the agreement is to nurture the advancement of science and technology in nuclear energy, and to stimulate knowledge sharing between experts from both countries.
ESI-Africa, 3 December 2015
The above reflects a summary of certain news articles published during the preceding week. It is not an expression of opinion in respect of each matter, nor may it be considered as a disclosure of advice by any employee of Hogan Lovells.