PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Developments in the Mining Sector Boost the Botswana Electricity Industry Finds Frost & Sullivan - Botswana faces a severe electricity crisis, which has been compounded by a similar crisis in neighbouring South Africa
Developments in the Mining Sector Boost the Botswana Electricity Industry Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Cape Town, South Africa, 2009/04/16 - Botswana faces a severe electricity crisis, which has been compounded by a similar crisis in neighbouring South Africa.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

As a result, BPC, the public utility, has embarked on signficant capital expenditure for a phased expansion of its sole power station and the introduction of independent power producers (IPPs) in the country. Frost & Sullivan anticipates that the Botswana electricity industry is set to grow at a compound annual growth rate (CAGR) of 4.8 per cent between 2006 and 2015.

New analysis from Frost & Sullivan (energy.frost.com), Strategic Analysis of the Botswana Electricity Industry, finds that the industry earned revenues of $121.0 million in 2007 and estimates this to reach $170.0 million in 2015. This growth will be due to a sharp increase in the demand for electricity, driven mainly by significant developments in the mining sector.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Patrick Cairns, Corporate Communications, at patrick.cairns[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brief brochure will be sent to you by email.

"The Botswana electricity industry will remain robust despite a projected decline in revenues in 2008 as a result of a considerable reduction in electricity imports," notes Frost & Sullivan Industry Analyst Jeannot Boussougouth. "As BPC shifts its focus from essentially being an electricity importing utility to a major electricity producer, earnings will increase tremendously."

Revenues from the sales of electricity are anticipated to reach $130.0 million in 2010, underlining how the expansion of the Morupule power station will lift the country's electricity industry. This will be compounded by the expected incremental increase of electricity tariffs and the sustained demand for electricity, which is presently growing by 6.5 per cent per annum.

BPC is currently expanding the Morupule power station, with 400MW of generation capacity expected to be added by 2012. This, combined with the start of operations of CIC Energy's downsized Mmamabula project, should help generate solid revenues in the country's electricity industry.

"The commissioning of the Mmamabula project and the potential of Saber Energy Corp.'s 1000-megawatt gas-fired station in the Kalahari by 2011, will sustain growth in both the supply of electricity and revenues generated," explains Boussougouth. "However, this would depend on CIC Energy's ability to reach financial closure for its $3-billion Mmamabula integrated coal mine and energy project. It remains to be seen if this will be achieved due to the challenges posed by the prevailing global financial crisis."

The mining sector is the most important consumer segment in Botswana in terms of electricity consumption. It accounted for about 45.1 per cent of BPC's total electricity consumption in 2006. However, the effect of the current credit crunch is already being felt in the Botswana mining sector as the demand for commodities worldwide and their prices continue to contract.

"The continuous slump in the demand for key commodities such as nickel and copper is having a negative impact on mines in Botswana," Boussougouth adds. "Several mining companies such as Debswana and Diamonex have either suspended or ceased some of their production. This is expected to translate into a significant reduction of the sector's electricity consumption. As a result, lower revenues than expected are likely in 2009."

Strategic Analysis of the Botswana Electricity Industry is part of the Energy & Power Growth Partnership Service programme, which also includes research in the following markets: South African Generator Set Market, Key African Power Rental Markets and Hydro Turbine Markets in Sub-Saharan Africa. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.

Strategic Analysis of the Botswana Electricity Industry / M2D5

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Developments in the Mining Sector Boost the Botswana Electricity Industry Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Patrick Cairns 
+27 18 468 2315 patrick.cairns[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Newswires:

PJB Spearheads Digital Energy for Indonesia with Deployment of GE Digital Power Plant Software
GE and Maersk Drilling Accelerate their Digital Partnership to Drive Industry Transformation
GE to Provide Digitally-enabled HA Power Plant and Services for Mexico's Tierra Mojada Project
Cisco and Enel Sign Agreement on Digitisation and Innovative Services
Enel and Seedstars Sign Cooperation Agreement to Identify Innovative Energy Access Startups in Africa
ENGIE Launches its First Ephemeral Campus
Enel Signs Agreement with US Company Amber Kinetics on Innovative Flywheel Storage System
Alternative Fuels, Carrefour and ENGIE are Joining Forces to Develop Biomethane in France
GE Renewable Energy and Fortum Sverige AB Sign Digital Hydro Pilot Agreement
GE Renewable Energy Announces Agreement to Provide Cube Hydro with Aerating Turbines
GE Oil & Gas and Eni East Africa Sign Long-term Partnership to Develop Gas Resources Offshore of Mozambique
RWE Turns to GE to Improve Flexibility and Performance
Liquefied Gas Pump Market to Record an Exponential CAGR by 2026 According to Persistence Market Research
GE and Solairedirect India Partner for the Next 25 Years
ENGIE Wins Major Contract with Transport for London

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Rapid Recovery

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)