Insight
South Africa's 2018 Integrated Resource Plan (IRP): illusion or reality?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In late August, South Africa's Cabinet approved a draft of the country's Integrated Resource Plan (IRP). The IRP is intended to be a guide to long-term energy strategy and investment priorities through 2030. The previous IRP was published in 2010. Since then, renewable costs have declined dramatically and South Africa's political leadership has changed – presenting the current government and investors with new choices as the energy transition takes hold. But, what is feasible in the context of South Africa's energy market?
Table of contents
- Coal: methodologies and start up assumptions drive the differences
- Hydro: Wood Mackenzie does not include the Democratic Republic of the Congo (DRC) hydro project in our outlook
- Gas: IRP assumptions for gas market development plans are optimistic
- Wind and solar: no major departure from previous IRP
- Nuclear: no differences on the role of nuclear
Tables and charts
This report includes the following images and tables:
- 2018 IRP v. Wood Mackenzie's latest outlook
- South Africa power output – Wood Mackenzie base case
What's included
This report contains:
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