The Prieska Power Reserve Project addresses 8 out of the 17 UN sustainability goals which are a call to action to promote prosperity while protecting the planet, recognising that ending poverty must go hand-in-hand with strategies that build economic growth and address a range of social needs including education, health, social protection, and job opportunities while tackling climate change and environmental protection.
Contributing to South Africa’s green economy
Contribution to GDP
R82 billion to the GDP.
Green Ammonia Exports will result in an more than $10,5bn contribution to SA’s Balance of Payments.
Industrialisation
Black & female industrialists within the manufacturing space will be developed as a result of the project.
Local content procurement Support localisation and procurement of local solal PV components for up to 500MWp Solar PV and 1 500MW Wind Plant components.
Small Business Development
It is expected that a total of
300 new small businesses will be developed majority being black-owned.
Job Creation
Job years are expected.
Skills Development
Opportunity for both skilled and non–skilled labourers.
The main impact of the project is expected to be directed towards women & youth.
Upskilling of 16 500 people is expected over 30 years.
Society
Stable Electricity supply
Reduced power outages
Reduced Greenhouse gas emissions
INCREASED Disposable income
and Higher wages
The general standard of living
Green Entrepreneurs
Increased market activity
Promoting entrepreneurship
Transformation in current market
Increased competition
Increased manufacturing activity
Manufacturers
Increased market penetration by:
Increase in black & female industrialists.
It is expected that a total of
black & female-owned green infrastructure providers.
It is expected that a total of
Skills providers.
It is expected that a total of
Skills providers.
Revived manufacturing sector.
Economy
Job creation
Reduced resource demand and greenhouse gas emission