South Africa energy report

• South Africa targets a 29% reduction of energy consumption in 2030 relative to a BaU projection and a 26% share of wind and solar in the installed capacity.
• Eskom dominates power generation (~90%).
• The government has approved the creation of the National Petroleum Company of South Africa.
• Coal still accounts for 87% of power generation, wind and solar for less than 5% (2020).
• Diesel and gasoline prices have decreased about 25% since 2018.
• Total energy consumption decreased by 4% in 2020, due the impact of the COVID 19 crisis.
• In 2020, coal represented 74% of the country's energy consumption.
• The Integrated Resource Plan (IRP2019) targets the addition of 16 GW of wind and solar by 2030, while reducing the share of coal in the power mix to less than 50%.
• Several initiatives are taking place in order to develop a green hydrogen economy in South Africa.

• Institutions & Energy Policy

  The Department of Mineral Resources and Energy (DMRE) was created in 2019 through the merger of the Department of Energy and the Department of Mineral Resources. The task of the department is to regulate and transform the sector, with the objective of providing secure, sustainable, and affordable energy. The body is also responsible for the promotion and regulation of minerals and mining.

• Energy Supply

  Resources:

  Coal reserves are estimated at 30 Gt (7^th worldwide), and mainly consist of steam coal. Hydrocarbon resources are limited (2.5 Mt of oil reserves and 1.8 bcm of conventional gas reserves). However, the country has potentially huge shale gas resources, estimated to be around 5.7 tcm in 2019, making them the 11^th largest shale gas resources in the world.

• Energy Prices

  Oil:

  The DMRE sets oil product prices through the Basic Fuel Price Formula, which notably includes international oil prices, supply and demand of petroleum products, and the ZAR/US$ exchange rate, as well as domestic factors such as transport costs, taxes, etc. The objective is to ensure the competitiveness of refiners vis-à-vis international competitors.

• Energy Consumption

  Total energy consumption per capita peaked in 2008 at 2.9 toe per capita and then progressively decreased to 2.1 toe in 2020 (nearly 4 times the average energy consumption per capita in sub-Saharan Africa). Electricity consumption per capita peaked at 4 500 kWh in 2007 before decreasing to 3 500 kWh in 2020 (around 10 times the sub-Saharan average).

• Issues & Prospects

  Electricity:

  The IRP2019 forecasts an electricity consumption growth of between 1.3 and 2%/year until 2030, then between 1.2 and 1.6%/year between 2030 and 2050, depending on the scenario. Coal will represent 44.6% of the country's capacity in 2030, while gas and diesel will account for 16%, wind for 15%, solar PV for 10.5%, and hydropower for 6%.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

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Below is a list of the South Africa energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2020, %)
• GRAPH 9: Final consumption market share by sector (2020, %)
• GRAPH 10: Oil consumption (Mt)
• GRAPH 11: Oil consumption breakdown by sector (2020, %)
• GRAPH 12: Electricity consumption (TWh)
• GRAPH 13: Electricity consumption breakdown by sector (2020, %)
• GRAPH 14: Natural gas consumption (bcm)
• GRAPH 15: Gas consumption breakdown by sector (2020, %)
• GRAPH 16: Coal consumption (Mt)
• GRAPH 17: Coal consumption breakdown by sector (2020, %)

In the South Africa energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

The South Africa country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

• Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
• Power: Electricity generation & capacities, by technology.
• CO₂: Total CO₂ emissions.
• Macro-economy: Main macro-economic assumptions.
• Key indicators: Energy intensity, share of renewables, CO₂ emissions per capita and per unit of GDP.