The tender is aimed at procuring 2 GW of capacity in response to the chronic short-term electricity supply gap that is affecting the country and its mining sector. The South African government has selected three LNG projects that may secure around 60% of the awarded capacity and several renewable energy projects including solar, wind and storage. The procurement exercise attracted a lowest bid of $ 0.0998/kWh.
Researchers in Israel have suggested the use of regasification of liquefied natural gas to reduce the operating temperature of PV modules in solar parks located at gas terminals. According to them, the feasibility of such a cooling solution could be strengthened by the fact that both the PV systems and the LNG regasification systems are, separately, mature, economical technologies.
U.S. thinktank the Institute for Energy Economics and Financial Analysis says the nation should reorder its power network to harness cheap, modular renewables after existing power station overcapacity was worsened by plunging electricity demand during the Covid-19 shutdown.
Renewables may be making encouraging advances in the south Asian nation but the natural gas infrastructure deal announced today by the Saudi power company at a stroke eclipses the 375 MW of solar capacity in Bangladesh and its 609 MW development pipeline.
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