Categories: Gas

by Peter

Share

Categories: Gas

by Peter

Share

5Citations
20Readers
Get full text

Abstract

The potential for shale gas development (SGD) in South Africa's environmentally sensitive Karoo region has attracted the interest of energy companies, government and the public. The South African government is eager to revive economic growth, improve energy security following an energy supply crisis and relieve high unemployment. The public is torn between environmental concerns and prospects of economic benefits, while investors seek clarity in legislation. The impact of the US shale revolution explains the allure of SGD and constitutes the only model worldwide of a developed shale industry. South Africa is a useful case study for examining how various societal interests shape support for and opposition to SGD. While government seeks to proceed with exploration, a dominant coal industry and other alternatives including renewables and nuclear compete for attention, and there are increasing concerns about the size and economic viability of South Africa's shale gas deposits. Influential actors in the energy-intensive industries comprising South Africa's powerful ‘minerals-energy complex’ will play a role in how any shale industry might develop. By considering the interests of key actors including a vacillating government, cautious energy companies and a determined environmental lobby, this article examines South Africa's tenuous road towards SGD.

STAY IN THE LOOP

Subscribe to our free newsletter.

Business Report 1 July 2012. Optimal Energy chief executive Kobus Meiring is a disappointed man. The company is the developer of South Africa’s electric car but it officially closed on Friday with the loss of about 60 jobs. This follows its failure to get further funding from the government and the Industrial Development Corporation (IDC)... http://www.iol.co.za/business/business-news/why-sa-s-electric-car-is-not-going-anywhere-1.1331580#.T_E37xcjGq8

Related Posts

  • By Susan Comrie for amaBhungane 19 Jul 2022 original article here Amidst an unprecedented load shedding crisis, the Central Energy Fund is pushing ahead with Energy Minister Gwede Mantashe’s plan to build a ‘gas bridge’ to Mozambique, while Eskom calls for up to 6,000 megawatts of new gas-fired power to urgently be added to the grid. […]

  • by Fiona Harvey 10 May 2022 original article here Countries should Analysis says countries can save money by switching from coal straight to renewable energies An interconnection gas hub in Baumgarten an der March, Austria. High prices for gas have reversed the logic of using it as a ‘transition’ fuel. Photograph: Joe Klamar/AFP/Getty   move from […]

  • By Tony Carnie 30 Mar 2022 original article here ‘Energy security should be based on science, not narrow, short-sighted political and vested interests. History will judge the current South African government harshly if it fails to act decisively now for the sake of its people and the greater good of the planet.’ Three senior local scientists […]

  • 24.03.2022 by Lameez Omarjee original article here   Energy Minister Gwede Mantashe is “enthused” by the prospect of gas discoveries, as it will attract foreign investment. The gas industry, which is currently being developed, will support the country’s energy transition in a big way, he said. Domestic gas resources will eliminate the need for imports, […]