mir2016-energy-services-greencape-3-879cb9bcf507bd1e.pdf
Summary
The 2016 Market Intelligence Report by GreenCape analyzes the energy services market in South Africa, focusing on energy efficiency and embedded generation. It identifies key drivers such as rising electricity prices and energy security concerns, while highlighting significant growth in rooftop PV and opportunities within the public sector, particularly in municipal wastewater treatment and public buildings.
Key insights
- The global energy services market is expanding, with annual turnover projected to reach $14.7 billion by 2024.
- South Africa's energy services market is driven by rising electricity prices, energy security concerns, and supportive policies. The market potential is estimated to increase to 16.5 GW by 2020, combining Eskom's long-term saving targets of 5.5 GW by 2020 with other demand savings.
- Rooftop photovoltaic (PV) installations in South Africa saw rapid growth, increasing by 330% in 2015 to reach 83 MW, with an estimated 500 MW expected to be added by the end of 2016.
- Significant energy saving opportunities exist in municipal wastewater treatment. Water and wastewater infrastructure accounts for 20% to 70% of total municipal energy consumption, and the 968 municipal treatment works in the country could potentially generate up to 780 MW of power.
- Investments in energy services at water supply and wastewater treatment facilities can yield energy savings between 5% and 30%. Specifically, installing energy-efficient motors can reduce consumption by 5%, and variable speed drives (VSDs) can provide an additional 15% reduction.
- The Western Cape Government and City of Cape Town introduced the Energy Security Game Changer strategy, which includes targets such as a 10% reduction in current energy demand, the uptake of 400,000 solar water heaters by residential customers, and a target of 120 MW for rooftop PV.
- The Department of Energy (DoE) introduced mandatory energy reporting in 2015 for large users. Users consuming over 180 Tera Joules (TJs) per annum must submit consumption data, and those consuming 400 TJ or more must provide a detailed energy management plan.
- The 12L Income Tax Allowance on Energy Efficiency Savings allows businesses to offset energy savings against their annual corporate tax at a 28% tax rate. In March 2015, the allowance was increased to 95c/kWh.
- The Department of Energy's national solar geyser roll-out plan aims to procure 1.25 million systems by 2019 to bring the total installed base to 1.75 million. Specific targets include 50,000 systems by October 1, 2016, and another 50,000 by September 1, 2017.
- The Western Cape ESCO market is estimated to be worth R1.3 billion by 2019, potentially creating approximately 1,000 jobs across ESCOs, manufacturers, and contractors.
Cite the original document
- APA
- GreenCape (n.d.). mir2016-energy-services-greencape-3-879cb9bcf507bd1e.pdf. https://greencape.co.za/wp-content/uploads/2022/10/MIR2016-Energy-Services-GreenCape-3.pdf
- Chicago
- GreenCape. mir2016-energy-services-greencape-3-879cb9bcf507bd1e.pdf. n.d. https://greencape.co.za/wp-content/uploads/2022/10/MIR2016-Energy-Services-GreenCape-3.pdf.
- Wikipedia
- {{cite report |author=GreenCape |title=mir2016-energy-services-greencape-3-879cb9bcf507bd1e.pdf |url=https://greencape.co.za/wp-content/uploads/2022/10/MIR2016-Energy-Services-GreenCape-3.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{greencapendmir2016energyservicesgreencape3879cb9bcf507bd1epdf, author = {{GreenCape}}, title = {{mir2016-energy-services-greencape-3-879cb9bcf507bd1e.pdf}}, institution = {GreenCape}, url = {https://greencape.co.za/wp-content/uploads/2022/10/MIR2016-Energy-Services-GreenCape-3.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated