DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5wm7t5/wind_energy_indust) has announced the addition of GlobalData's new report "Wind Energy Industry in South Africa - Ready to Take Off" to their offering.
Wind Energy Industry in South Africa - Ready to Take Off:
South African wind energy is poised for large growth. The country has large wind potential, economy is growing, and the government is also promoting the use of renewable energy. The current electricity supply is dominated by coal, which accounts for close to 90% of the total capacity. However, coal generation is marred with issues such as price hikes and emissions. Therefore, the country will have to explore additional sources of power such as gas and renewable energy. Wind power has tremendous potential, but tapping this increasingly attractive source requires encouraging and consistently supportive policy mechanisms. With favorable FITs, investment sops, incentives for wind energy projects and investments in supportive infrastructure, the wind industry in South Africa can be considered a promising business market. We estimate the market will grow even beyond the government's current target and reach 10.7 GW by 2030.
Scope:
- The report Analyse the future economic growth of South Africa
- It covers "Ease of Doing Business" in comparision with other developing countries.
- Covers electricity demand analysis forecast up to 2030,
- Analyse the Integrated resources potential (IRP targets)
- Analyse the untapped Wind Resource Potential
- Provides an insight on domestic manufacturing development
- Provided wind capacity forecast
Key Topics Covered:
1 Tables & Figures
2 Summary
3 Wind Energy Industry in South Africa - Ready to Take Off
3.1 South Africa's Economic Growth is Strong
3.2 The highest rank for Ease of Doing Business among Developing Countries
3.3 Growth in Economy will Trigger Growth in Electricity Demand
3.4 The Integrated Resource Plan (IRP) Puts Significant Focus on the Use of Renewable Energy
3.5 South Africa's Large Untapped Wind Resource Potential
3.6 Renewable Energy Independent Power Producer (IPP) Procurement Programme - A Strategic Initiative to Promote the Market
3.7 Domestic Manufacturing Ready to Kick-off
3.8 Wind Capacity is Expected to Witness a Strong Growth Rate
4 Appendix
For more information visit http://www.researchandmarkets.com/research/5wm7t5/wind_energy_indust
Source: GlobalData