Pursuing the mix outlined in the draft IRP 2018 would result in a 100 000 job decrease in coal, but a net job gain as gas employment grew to 55 000 by 2030 and renewables contributed up to 110 000 jobs by the same date. There would be 375 000 electricity jobs in 2020, growing to 386 000 in 2030.
Carter-Brown stressed, however, that coal would play a major role for many years to come. “Coal will remain part of the energy mix even in 2050, albeit at less than 20%, with predominate use in industrial process heat.”
He also argued that transitioning to the future energy system would take time and, with coordinated planning, would also present major opportunities, including the production of green hydrogen and synthetic, carbon-neutral fuels and chemicals.
“Opportunities for new industries abound, however, the transition to these new industries, which are aligned with the Fourth Industrial Revolution, will require new skills and research and capacity building will be key.”
The South African Renewable Energy Council (SAREC) has called for urgent dialogue between government, business, labour and civil society on the so-called ‘just energy transition’ in order to craft an action-orientated, government-led plan to facilitate a diversification of economies in coal- and gold-mining regions.
Chairperson Terence Govender made the appeal during a presentation to the Parliamentary Portfolio Committee on Mineral Resources and Energy on Wednesday.
He told the committee that SAREC recognised the need to minimise the negative economic and social impacts of the planned decommissioning of Eskom power stations over the coming ten years. Mitigating the impacts would be impossible, however, in the absence of a “concerted effort” facilitated at the national level by government.
SAREC is proposing that government consider the deliberate deployment of 5 GW of solar (photovoltaic and concentrated solar power), wind and battery storage projects in renewable energy development zones located in declining mining areas and for parts of the grid requiring storage.
SAREC argued that such a move, which is also being canvassed through the Public Private Growth Initiative, would stimulate new jobs and industries in coal regions.
“To successfully achieve this, the industry requires an urgent finalisation of the Integrated Resource Plan (IRP) and issuance of Ministerial determinations so that the next round of procurement can proceed,” Govender told Engineering News Online in an interview following his presentation.
Mineral Resources and Energy Minister Gwede Mantashe revealed this week that the IRP, which has been under consultation for several months within the National Economic Development and Labour Council, would serve before Cabinet within weeks.
Mantashe also stressed the need for all technology options to be considered, including coal and nuclear.
SAREC’s comments come amid renewed load-shedding warnings as Eskom prepares to resume higher levels of plant maintenance during the relatively low-demand summer months.
Speaking at a conference on Wednesday, Eskom board member Nelisiwe Magubane warned that South Africa’s electricity supply could be insufficient to cope with any rise in demand, prompted by a return to higher levels of economic growth.
In a separate presentation to the portfolio committee, Council for Industrial and Scientific Research Energy Centre head Dr Clinton Carter-Brown attributed the ongoing threat of load-shedding to Eskom’s aging and poorly performing coal fleet, as well as to delays and performance issues at the utility’s mega-build projects.
Carter-Brown also reiterated that, by 2050, South Africa’s least-cost mix would comprise 70% solar photovoltaic and wind, which had been confirmed in the draft IRP 2018 and validated by a number of independent studies.
Looking at the Mokopane PFS in the Residue Disposal Facility and Stockpiles section there is a reference as follows which maybe what the project is referring to even though the project is East and the PFS is South-east. Who knows, not me obviously.
Based on the assumption that the calcine, lime cake and sodium sulphate products will be deposited by means of trucking from the plant, the facility has been placed as close as possible to the plant (2.2 km to the southeast) to reduce haulage cost.
For info the following project was updated on the 16/08/19 and is related to Mokopane. Again not sure in what capacity but at least there are updates being made.
Mokopane in the Mokopane District in Limpopo Province. It is easily accessible via a network of paved regional and national roads. The project mineral resource is situated approximately 2 km east of the Company’s PQ - Zone iron ore and titanium deposit, and is based on a licence area comprising a group..
Been keeping an eye on this for a while and noticed that the Last Updated date was changed yesterday 21/08/19
Might not be anything, but you never know.
UK’s grid supported by 475MW of battery power in power failure (Energy Storage news)
. . .
Looking ahead, battery backup looks like the best solution to support an increasingly unstable grid as power generation moves from coal to wind and solar.
• New instillations of Lithium-ion and Vanadium Redox Flow Batteries ‘VRFB’ are being trialled in the UK.
• Listed companies to watch in this space are:
o Bushveld Minerals* - testing a ‘VRFB’ in South Africa with the local state utility and planning a vanadium electrolyte production plant.
abour unions that oppose the government’s plans to split embattled state-owned power utility Eskom into three units will ultimately have to support the reforms, according to Mineral Resources and Energy Minister Gwede Mantashe.
Eskom, which supplies about 95% of the nation’s electricity and is seen as the biggest threat to the economy, is reliant on government bailouts as it struggles under R440bn of debt while reporting annual losses. Mantashe is one of the key officials charged with ensuring that there is a reliable power supply and Eskom becomes financially sustainable.
'Save the country'
"The unions are going to get behind the plan," Mantashe said in an interview with Bloomberg TV in Johannesburg. "We have a duty to do what is right for the country, more than what is just right for unions and workers, and we must do what can save the economy, what can save the country."
Mantashe is a former secretary general of the National Union of Mineworkers, which along with the National Union of Metalworkers of South Africa, represent the bulk of the utility’s 46 665 workers. Both labour groups have rejected plans to separate Eskom into generation, distribution and transmission units under a state holding company, fearing the move would be a precursor to privatisation and job losses.
Eskom "must be redirected and managed properly," said Mantashe, who served on the utility’s board in the 1990s. "If it fails, that would be a disaster for South Africa."
Mantashe also revealed that a long-awaited update of the government’s future energy blueprint, known as the Integrated Resource Plan, will be presented to the cabinet within the next two weeks. Technologies being considered to replace aging coal stations include modular nuclear plants, gas, hydro, solar and wind, he said.
Hopefully the infrastructure will require steel
China – PboC Vice Governor Liu Guoqiang highlights there is room for cuts in both reserve requirement ratio and lending rates marking a dovish stance of monetary policy authorities.
Previously Bloomberg reported China is planning to increase its annual quota for so-called special bonds form the current level of 2.15tn yuan ($305bn) issued by provincial governments citing people familiar with the matter.
New funds are expected to be directed towards infrastructure investment providing support for the falling growth rate.
Articles too long (I couldn't be bothered) to post it.
Bushveld Minerals Limited (AIM: BMN), the AIM listed, integrated primary vanadium producer, with ownership of high grade vanadium assets in South Africa, notes that AfriTin Mining Limited ("AfriTin") has today agreed a NAD 35,000,000 (approximately US$2.3 million) working capital facility with Nedbank Namibia ("Nedbank"). Bushveld holds approximately 8% of the total issued share capital in AfriTin.
On 22 May 2019, the Company announced that it had agreed to provide a short-term standby working capital support facility to AfriTin for the amount of ZAR 30,000,000 (approximately US$2.1 million on 22 May 2019). AfriTin has subsequently secured a working capital facility for the amount of NAD 35,000,000 from Nedbank Namibia (the "Nedbank Facility"), with the support of Bushveld Minerals providing to stand surety for the Nedbank Facility to the value of NAD 30,000,000 (approximately US$2.0 million).
In the unlikely event of default, Nedbank will first call on the suretyship of the parent company of the AfriTin Group (i.e. AfriTin Mining Limited). In the event that AfriTin Mining Limited cannot meets its obligations under the facility, Nedbank will call upon the Bushveld Minerals suretyship.
The above is less onerous on Bushveld Minerals as it is not a cash collateralised guarantee. In addition,
the terms agreed for the Working Capital Facility announced on the 22 May 2019 remain unchanged with respect to Bushveld Minerals. The Company is comfortable with the progress that AfriTin has made towards production at its Namibian flagship project and with the security it retains from AfriTin for the suretyship in the form of a notarial bond over the AfriTin processing plant.