DUBLIN--(BUSINESS WIRE)--The "South African Power Commodity Market, Forecast to 2022" report has been added to Research and Markets' offering.
Renewable energy has taken centre stage in South Africa's expanding power generation capacity, necessitating development and maintenance of requisite transmission infrastructure. Switch gears, transformers, and reactors are critical in supplying quality power to customers in a cost-effective manner. Local research and development, manufacturing, and supply chains will assist OEMs in these components in reducing manufacturing costs whilst increase competitiveness. There will be a steady shift in procurement strategy of utilities that will focus on the total cost of ownership (TCO) as against considering capital costs alone. Establishing a supply chain based on business activities could help deliver cost and value advantages to utilities.
Eskom's operational expenses have been increasing continuously in South Africa, with a negative impact on customers in the form of rising tariffs. Distributed generation, renewable energy, and a shift in economic activity have resulted in declining electricity sales affecting profit margins. In order to ensure business sustainability, Eskom will be required to upgrade its transmission infrastructure and equipment to minimise losses and ensure optimal performance of equipment through the adoption of latest technologies and materials.
The REIPPPP in South Africa has created tremendous interest amongst private investors, with major power projects focusing on solar photovoltaics (PV), concentrated solar power (CSP), wind, and biomass energy. Renewable energy accounted for 9.7% of the energy mix in South Africa in 2016. The government has determined that 3,725 MW is to be generated from renewable energy as stated in the IIRP 2010-2030 under the REIPPP programme. The growing contribution of renewable power and its inherent intermittent nature will drive the demand for upgraded transmission equipment and infrastructure requiring minimum maintenance and longer service life.
Key Topics Covered:
1. Executive Summary
3. Drivers And Restraints
4. Switchgear Market
5. High And Medium Voltage Switchgears
6. Low Voltage Switchgears
7. Competitor Profiling-Switchgears
8. Power Transformers And Auxiliary Transformers
9. Shunt Reactors
10. Competitor Profiling-Power Transformers, Auxiliary Transformers, And Shunt Reactors
11. Improving Supply Chains And OEM Agreements
12. Growth Opportunities And Companies To Action
For more information about this report visit https://www.researchandmarkets.com/research/jtjnjc/south_african