Policy Brief: THE IMPACT OF STRANDING POWER SECTOR ASSETS IN SOUTH AFRICA

Context Increasing attention is being given internationally to the risks associated with unburnable carbon and stranded assets (UNEP 2015, IEA, 2014; Citi, 2015). Stranded assets are assets that “have suffered from unanticipated or premature write-downs, devaluations or conversion to liabilities” (Caldecott et al, 2014), arising from environmental regulation or other regulatory shifts, as well as market forces and other causes, including the falling costs of competing technologies and structural market decline. Citibank (2015) has estimated that the value of stranded… Read morePolicy Brief: THE IMPACT OF STRANDING POWER SECTOR ASSETS IN SOUTH AFRICA

No economic case for SA nuclear plan – research

There is no economic case to be made for a firm commitment to commissioning a full fleet of 9.6GW of nuclear power by 2030. This is the key finding in a research paper probing the potential risks and uncertainties of the commitment to SA’s proposed nuclear build plan. It reveals that South Africa should aim to have a flexible planning approach to adapt to changing electricity demand. The paper, by the University of Cape Town’s Energy Research Centre, compares this… Read moreNo economic case for SA nuclear plan – research

Study pours cold water on SA’s nuclear build plan

NEW National Planning Commission (NPC) modelling of South Africa’s energy demands says nuclear power should be delayed by years, and an immediate commissioning of new gas-generation capacity should take place to avoid rolling blackouts in the near future. The remodelling commissioned by the NPC signals the start in earnest of what will be a highly contested policy debate: whether South Africa needs and can afford nuclear power or not, and by when. The implication of the modelling is that no… Read moreStudy pours cold water on SA’s nuclear build plan

Mitigation Actions in the context of national development & Climate Change

SIDE EVENT: 4TH DECEMBER 20.15-21.45; Side Event Room 8 We are hosting an interview/ chat format of 3 dialogues each in groups of 2 or 3 discussing a different aspect of the MAPS Process with reference to their country. Michael Jacobs (Visiting Professor at the London School of Economics and at the School of Public Policy at University College London) will act as our moderator and will lead three sets of discussions. Dialogue 1: Linking top down and bottom up… Read moreMitigation Actions in the context of national development & Climate Change