twitter Facebook Linkedin acp Contact Us

Africa Oil and Power: Ministers, state companies to lead national energy investment drive

Gwede Mantashe is the minister of mineral resources and energy of South Africa. (Image source: Africa Oil & Power Conference)

In a dedicated power programme, Africa Oil and Power (AOP) 2019 puts a spotlight on South Africa, focusing on the Kwa-Zulu Natal and the Northern Cape provinces, examining petroleum exploration, gas infrastructure and IPPs

The AOP 2019 conference is hosted in partnership with the Department of Mineral Resources and Energy, the South African Chamber of Commerce and Industry and the South African Oil & Gas Alliance and will feature speakers from state-owned enterprises CEF Group, SANEDI, PetroSA, NERSA, iGas and PASA.

The Africa Oil & Power 2019 Conference and Exhibition will take place at the CTICC 1 in Cape Town, South Africa from 9-11 October.

Gwede Mantashe, minister of mineral resources and energy of South Africa and deputy minister Bavelile Hlongwa will join energy industry leaders from Senegal, Angola, Lesotho and South Sudan on stage.

Major focal point of the annual conference will be South Africa’s surge as an investment destination across the energy value chain. Following a landmark offshore discovery in February, multiple gas agreements and a record setting number of IPP projects online, Africa’s biggest energy consumer is a flashpoint for major project finance activity this year.

AOP 2019 aims to create opportunities for investment and encourage intra-Africa cooperation across the oil, gas and power sectors, through the theme #MakeEnergyWork.

The three-day AOP 2019 program will discuss major topics including the future of gas in Africa’s energy mix, exploration and production, the role of renewable energy in closing the power gap and project financing.

With a special focus on the developments in South Africa’s energy sector, AOP 2019 will cast a spotlight on the country’s exploration and production prospects, the evolution of the power sector – specifically in the Kwa-Zulu Natal and Northern Cape provinces – and unpack the country’s energy strategies expressed in the draft Integrated Resource Plan (IRP).

The draft IRP proposes to implement 46 per cent coal-generated power, 16 per cent gas, 15 per cent wind, 10 per cent solar PV, six per cent hydro, four per cent pumped storage, 2.5 per cent nuclear and one per cent concentrated solar power and plans to supply an estimated 20,000MW of the additional 29,000MW electricity the country needs by 2030.

Although the IRP remains to be finalised, the country is already seeing moves by public and private sector actors towards some of the plans expressed in the draft IRP.

On its shift towards clean power, the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) will continue to be instrumental in the country diversifying its energy mix, having already brought online 102 IPP projects from the four bid windows and more than US$17.5bn in investments.

A prime example of an initiative making energy work, the REIPPPP has created over 38,000 jobs and contributed generously to the national grid through projects including the country’s largest concentrated solar IPP project, the 100MW Kathu Solar Park in the Northern Cape, the 135.8MW Cookhouse Wind Farm in the Eastern Cape and the 135.5MW Gounda Wind Farm in the Western Cape.

Resolute to find an energy solution that will meet the country’s needs, Minister Mantashe told members of parliament last month that the IRP would be finalized by September, and explained that “It is a summary of what we must do and gives us a framework to our approach to energy. We can’t lobby for any technology over the other. Our preoccupation is energy supply and security.”

In 2018, the AOP conference featured the participation of Karén Breytenbach, South Africa’s former Head of the Department of Energy’s Independent Power Producer Office and Hon. Jeff Radebe, South Africa’s former Minister of Energy.

The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)

GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)

The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)

The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)

ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)

Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)

The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)

Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)

WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)

The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)

Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)

IVECO is renewing its entire product range, all at once. (Image source: IVECO)

The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)

Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)

There has been a focus on the sugar industry. (Image source: Adobe Stock)

Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development, says IRENA. (Image source: IRENA)

World Bank & African Development Bank partner to provide electricity access to 300 million Africans by 2030, leveraging public-private investments. (Image source: Adobe Stock)

(L-R): Dr Diane Karusisi, CEO, Bank of Kigali and Dr Reda Helal, group managing director – processing, Africa and co-head group processing, Network International. (Image source: Network International)

At WFES, Gotion High-tech will showcase its latest products and leading green energy solutions at its booth. (Image source: Gotion High-tech)

The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)

SSAB will begin deliveries of the new products in 2026.

The key issues restricting sub-Saharan Africa’s manufacturing sector will be unpacked at Manufacturing Indaba later this year. (Image source: Adobe Stock)

Through the innovative solution, each vessel can fill two tank containers on average between two ports. (Image source: Maersk)

Hyphen is developing sub-Saharan Africa’s largest, most advanced and only fully-vertical integrated green hydrogen project. (Image source: Hyphen)

According to Liebherr, the Used Equipment Marketplace is extremely user-friendly. (Image source: Liebherr)

Electricity storage will be pivotal in unlocking renewable projects and meeting energy demand. (Image source: Adobe Stock)

With RFID, assets can be given unique digital identities that enable users to identify and locate them all at once, from a distance, in real time. (Image source: Brady)

Africa Data Centres and DPA SA have broken ground on their solar farm in the Free State. (Image source: Africa Data Centres)

A Cat PM310 Cold Planer in action. (Image source: Caterpillar)

A larger stockholding of WEG products facilitates ready access for customers. (Image source: WEG Africa)