oa CSIR Science Scope - Quantifying the financial benefits of wind and solar energy projects in South Africa : energy
|Article Title||Quantifying the financial benefits of wind and solar energy projects in South Africa : energy|
|© Publisher:||Council for Scientific and Industrial Research (CSIR)|
|Journal||CSIR Science Scope|
|Author||Joanne Calitz, Crescent Mushwana and Niemz Tobias Bischof|
|Publication Date||Jan 2015|
|Pages||24 - 25|
The first wind and solar photovoltaic projects that were connected to the South African national power grid in 2014 resulted in a net financial benefit to the country of R0.8 billion. In a subsequent study the CSIR has determined that in the first six months of 2015, wind and solar projects created R4 billion more financial benefits to the country than what these projects cost. This seems to indicate a trend where the financial benefit of renewables in South Africa far exceeds their cost.
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