Mike Mulcahy
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Transcript of Mike Mulcahy
Breaking down barriers to investment in the Green Economy
August 2016
110% Green
There are complex legal requirements for renewable energy projects
| 2
Some of the requirements don’t seem to make sense
| 3Wind farm | South Africa: 138 MW
| 4
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!
The more we build the cheaper they get…
Source: Chris Ahlfeldt: Blue Horizon | 5
…with a large benefit to the country
Source: CSIR | 6
Large infrastructure investments…
| 7Source: State of Renewable energy: DoE
…have significant multiplier effects (can we increase/capture them?)
| 8Source: romeconomics.com
First we need to understand a pretty complex structure
| 9Source: WWF
…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
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
…in a deliberate, pragmatic way
| 19
Unlocking the economic development opportunity in the Green Economy
| 20