Free press releases distribution network?

More news: Energy
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Potential for Job Creation, in Addition to Energy Security Drives Investments in South African Renewable Energy Market Finds Frost & Sullivan - Large energy users are investigating the scope behind alternative sources to achieve self-sufficiency - Frost.com
Potential for Job Creation, in Addition to Energy Security Drives Investments in South African Renewable Energy Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Cape Town, South Africa, 2014/04/17 - Large energy users are investigating the scope behind alternative sources to achieve self-sufficiency - Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The South African renewable energy landscape is set to change rapidly in the next decade with the government targeting the sector as a possible source of employment opportunities. The strong procurement process in a relatively stable political environment, linked with long-term targets and proactive legislation from the government, will trigger expansion. Several major energy users are privately investigating the potential behind alternative energies and building these costs into their strategic plans.

New analysis from Frost & Sullivan, The Renewable Energy Services Market and its Potential in South Africa, finds that renewable energy is expected to account for more than 20 percent of South Africa's total power generation capacity by 2030 in comparison to the less than 5 percent it currently contributes.

Global pressure, especially from developed countries where coal is increasingly less of a major part of the energy feedstock mix, will promote the use of clean energy in South Africa. Increasing climate change awareness and the enforcement of policies, such as the proposed carbon tax, will accelerate the shift to renewable energy.

"The South African government has identified the development of a green economy as one of the job drivers in the country, in turn, encouraging investments in renewable energy," said Frost & Sullivan Consulting Manager for Energy & Environment Johan Muller. "Over and above the necessity of direct jobs for building power plants, other jobs such as those for operation and maintenance, resource economists and experts on monitoring and evaluation will open up."

Following the feed-in tariff initiative and the subsequent independent power producer tender process, South Africa has a host of renewable power initiatives in the pipeline. As market participants look to tap into this gap in the market, they face numerous teething problems. The slow implementation of the feed-in tariff, the unavailability of data, and the cost of the procurement process stall the market's surge forward. Coal-fired electricity, even with the recent 25 percent price rise, is still more feasible than renewable energy, especially from a baseload perspective.

"From a private investment point of view, the main challenges included both the lack of local technical know-how and skills- however with more than 60 projects in different stages of completion this challenge is quickly being eroded," revealed Muller. "Employing overseas transfer programmes can bridge the divide and integrating skills over time will ensure better control and competitiveness in the nascent market."

The Renewable Energy Services Market and its Potential in South Africa is part of the Energy & Power (energy.frost.com) Growth Partnership Service program. Frost & Sullivan's related studies include: Annual State of the South African Electricity Industry, Power Infrastructure Tracker in Northern Africa, Energy Efficiency and Large South African Commercial Businesses, and The African Gas Turbine Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

The Renewable Energy Services Market and its Potential in South Africa / M864-14

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Potential for Job Creation, in Addition to Energy Security Drives Investments in South African Renewable Energy Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Samantha James - Frost.com 
+27 21 680 3574 samantha.james[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Press Releases:

Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  BizJobs.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today