Bischof-Niemz, TCalitz, Joanne RMushwana, Crescent2017-12-192017-12-192015-09Bischof-Niemz, T., Calitz, J.R. and Mushwana, C. 2015. Quantifying system-wide financial costs and benefits of renewables (Wind and PV) in South Africa. International Conference on Clean Energy for Sustainable Growth in Developing Countries, 16-18 September 2015, Palapye Botswana, 7pp.http://www.biust.ac.bw/CESGDC15/Part%202/Start%20Here.html#p=15http://hdl.handle.net/10204/9878Copyright: 2015 .Botswana International University of Science & Technology. Due to copyright restrictions, the attached PDF file only contains the abstract of the full text item. For access to the full text item, kindly consult the publisher's website.In this study, the direct financial costs and benefits in South Africa from the wind and PV plants that came online in 2014 and all additional wind projects coming online in 2015 are quantified. In 2014, renewables created financial benefits of R5.3 billion in total (or R2.42 per kWh of renewable energy), while the tariff payments to independent power producers of the first wind and photovoltaic (PV) projects were only R4.5 billion (or R2.07 per kWh of renewable energy), leaving a net benefit of R0.8 billion. In the first half of 2015, renewables created financial benefits of at least R5.9 billion, while they cost R4.3 billion (IPP tariffs), leaving a net benefit of R1.6 billion. The methodology that was developed to assess these benefits and costs is robust and conservative and can easily be adjusted for and applied to other electricity control areas in the region or globally.enRenewables benefitsEnergy savingsClean energySustainable growthConference PresentationBischof-Niemz, T., Calitz, J. R., & Mushwana, C. (2015). Quantifying system-wide financial costs and benefits of renewables (Wind and PV) in South Africa. Botswana International University of Science & Technology. http://hdl.handle.net/10204/9878Bischof-Niemz, T, Joanne R Calitz, and Crescent Mushwana. "Quantifying system-wide financial costs and benefits of renewables (Wind and PV) in South Africa." (2015): http://hdl.handle.net/10204/9878Bischof-Niemz T, Calitz JR, Mushwana C, Quantifying system-wide financial costs and benefits of renewables (Wind and PV) in South Africa; Botswana International University of Science & Technology; 2015. http://hdl.handle.net/10204/9878 .TY - Conference Presentation AU - Bischof-Niemz, T AU - Calitz, Joanne R AU - Mushwana, Crescent AB - In this study, the direct financial costs and benefits in South Africa from the wind and PV plants that came online in 2014 and all additional wind projects coming online in 2015 are quantified. In 2014, renewables created financial benefits of R5.3 billion in total (or R2.42 per kWh of renewable energy), while the tariff payments to independent power producers of the first wind and photovoltaic (PV) projects were only R4.5 billion (or R2.07 per kWh of renewable energy), leaving a net benefit of R0.8 billion. In the first half of 2015, renewables created financial benefits of at least R5.9 billion, while they cost R4.3 billion (IPP tariffs), leaving a net benefit of R1.6 billion. The methodology that was developed to assess these benefits and costs is robust and conservative and can easily be adjusted for and applied to other electricity control areas in the region or globally. DA - 2015-09 DB - ResearchSpace DP - CSIR KW - Renewables benefits KW - Energy savings KW - Clean energy KW - Sustainable growth LK - https://researchspace.csir.co.za PY - 2015 T1 - Quantifying system-wide financial costs and benefits of renewables (Wind and PV) in South Africa TI - Quantifying system-wide financial costs and benefits of renewables (Wind and PV) in South Africa UR - http://hdl.handle.net/10204/9878 ER -