South Africa’s Eskom Announces Battery Storage Plans

South Africa’s biggest electric utility Eskom announced the details of its forthcoming major battery storage deployments. The company said on Friday that by December 2024, it plans to have the first 343 MW of a 500 MW national energy storage rollout, which was previously announced by President Ramaphosa. Eskom selected South Korea’s Hyosung Heavy Industries and Chinese company Pinggao Group, as the two battery energy storage system (BESS) providers, among the bidders.

The 343MW of BESS will be four-hour duration, meaning a total of 1,440MWh capacity, and will be built in two phases. Phase 1 will cover 199MW/833MWh of battery storage built, including 2MW of solar PV. Phase 2 will see 144MW/616MWh of BESS installed along with 58MW of solar PV.

Eskom said the systems will help manage peak load on the electricity network, as well as providing other applications like ancillary services.

Hyosung has also received a letter of acceptance from Eskom in April for a separate 48 MW/192 MWh project near Durban.

The World Bank and the African Development Bank (AfDB) are also among the institutions that provide financial support for the project. The AfDB said it would provide a $58 million fund.

Projects will be located at remote areas where electricity access is limited, but also not far from renewable energy plants operated by independent power producers.

Eskom places emphasis on the programme for the role of batteries on the South African grid in enabling the integration of large-scale solar and wind power into the energy mix, while increasing network stability, reliability and security of supply.

Keeping uninterrupted flow of electricity in the country has been a challenge for both Eskom and the authorities. To that end, the company launched the Risk Mitigation Power Procurement Programme tenders, through which it has contracted for energy from dispatchable resources, including natural gas and a significant volume of solar-plus-storage projects.

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now


Do you need to access special insights on this matter?

Start your 7-day free trial  and become a member today


Subscribe to Top Insights Today

Subscribe to Executive Newsletter Top Insights Today

The Executive Newsletter -Top Insights Today- puts global business events in perspective through special insights

Join the ranks of global executives and subscribe to Top Insights Today

Top Insights Today covers insights on energy, clean-tech, oil&gas, mining, rare earths, defense, aviation, infrastructure, manufacturing, electrical vehicles, big-tech, finance and politics of business

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Chinese Refiners Avoid New Oil Shipments from Russia

China’s state refiners still buy Russian oil under contractual obligations but despite big discounts they have been avoiding new shipments following Beijing’s call for caution as western sanctions pile up on Russia over its invasion of Ukraine. 

Special Report-US Boosts Effort to Find Projects to Finance Around the World

The United States is looking for investments on five to ten infrastructure projects around the world as part of G7’s program to counter China’s Road and Belt Initiative. A US delegation identified projects in Senegal, Ghana, Ecuador, Panama and Colombia in October and November and will visit Asia before the end of the year for similar projects. The delegation aims to identify projects that could start in early 2022. 

Special Report-Saudi Aramco Profits Fell 73% as Oil Demand Shrinks

Saudi Aramco, the world’s largest oil company, announced on Sunday that its quarterly earnings fell more than 73 percent yearly, as lockdowns imposed to control the Covid-19 pandemic cut the demand for oil and slammed prices.

Stay informed

error: This content is protected !!