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Breaking down barriers to investment in the Green Economy August 2016 110% Green

Mike Mulcahy

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Page 1: Mike Mulcahy

Breaking down barriers to investment in the Green Economy

August 2016

110% Green

Page 2: Mike Mulcahy

There are complex legal requirements for renewable energy projects

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Some of the requirements don’t seem to make sense

| 3Wind farm | South Africa: 138 MW

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Konkoonsies solar PV plant : 10MW

Kalbult solar PV plant: 75MWCan power 33 000 households a year!

Consider: 1 PV panel = 250W 1kW = 4 panels 1MW = 4000 panels 75MW = 300 000 panels for one plant!

Yet projects are being built!

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The more we build the cheaper they get…

Source: Chris Ahlfeldt: Blue Horizon | 5

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…with a large benefit to the country

Source: CSIR | 6

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Large infrastructure investments…

| 7Source: State of Renewable energy: DoE

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…have significant multiplier effects (can we increase/capture them?)

| 8Source: romeconomics.com

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First we need to understand a pretty complex structure

| 9Source: WWF

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…to allow us to understand where the opportunity is…

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We can then design a program…

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…to capture this opportunity…

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This approach is replicable in many areas…

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…and in many areas

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Driving the changing landscape: changing economics

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But, can the layers of Govt competence keep up with the change?

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Much of GreenCape’s focus is to help do exactly that…

Source: The A team | 18

ENERGY

RENEWABLE ENERGY

ENERGY EFFICIENCY

RESOURCES

WATER

AGRICULTURE

WASTE

WASTE MANAGEMENT

INDUSTRIAL SYMBIOSIS

GREEN FINANCE

SKILLS DEVELOPMENT

ATLANTIS SEZ

2010Established

 

40+Multidisciplinary Staff

 

600+Members

  

R13, 7bnInvestments Facilitated to date

 

10 000Local Jobs Created

GREENCAPE BY NUMBERS

IMPACT

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…in a deliberate, pragmatic way

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Unlocking the economic development opportunity in the Green Economy

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