- The 2024 South African Renewable Energy Grid Survey (SAREGS) results reveals a remarkable growth in the renewable energy sector.
- Jointly published by Eskom Holdings SOC Ltd, SAPVIA, and the South African Wind Energy Association (SAWEA), the survey reports a significant increase in projects, now totalling 133 GW across various development stages, compared to 66 GW in 2023.
- Industry engagement has also surged, with participation rising from 209 to 483 contributions.
Key takeaways
- Supply will exeed demand at current growth rate.
- Growth tempered by transmission capacity constraints.
- 66 GW of projects are at an advanced development level (shovel ready) up from 18 GW last year.
- Solar PV leads with over 55 GW, followed by wind at 28 GW, and various hybrid and battery projects.
- The Northern Cape leads with 29 GW of interest, followed by the Free State.
- 28GW under development specifically for the private sector off-taker market.
- 43GW capacity under development for either private or public off-taker
The survey underscores the urgent need for infrastructure investment in transmission, distribution, and substations to support this growth.
Link to the full presentation HERE: South African Renewable Energy Grid Survey 2024
Author: Bryan Groenendaal
