MegaBanner-Right

LeaderBoad-Right

LeaderBoard-Left

Home ยป Industry News ยป Western Cape receives R10 million grant from US government

Western Cape receives R10 million grant from US government

With the Nuclear energy scandal going on in SA, the US government has just handed the Western Cape a R10 million grant. All in the pursuit of clean energy.

Nuclear this, Nuclear that! While the country as a whole may be caught in a potentially devastating Nuclear energy deal, the Western Cape is going about its own business. That business is clearly working as the US government has just handed over a R10 million grant.

The grant from the USโ€™s Trade and Development Agency (USTDA) will help the cityโ€™s bid to secure cleaner forms of energy.

The Western Cape government says Liquified Natural Gas (LNG) is a key componentย of a lowest cost energy scenario for the country. The grant will further develop the use of LNG in the province. A feasibility study is set to be carried out on the demand and potential impact of LNG importation at Saldanha Bay.

The study will provide โ€œa preferred model for the importation of LNG for gas-to-power electricity generation capacity and for industrial, transportation, commercial, and domestic uses.โ€

GreenCape will administer the trust and will select a USย firm to complete the study. The selection of a US firm to complete the study is required by the USTDA.

Alan Winde, the Western Cape minister for economic opportunities, said all the potential is there, itโ€™s now time to utilise it.

โ€œI would like to commend the USTDA for funding this initiative. We must reduce our reliance on coal and make better decisions for our environment, and our economic future. Natural gas has the potential to play a key role in our plan to grow our alternative energy sources and this study supports the Western Capeโ€™s objective to secure a reliable and affordable energy supply.โ€

The USTDA said they were pleased to support the mutually beneficial project. The study is set to begin in early 2018.

With this news taking off, it reallyย makes us even more nervous about that dodgy Nuclear deal. Treasury says we canโ€™t afford it but Zuma still seems to be ploughing ahead.


ย 

Source

TheSouthAfrican

To enquire about Cape Business News' digital marketing options please contact sales@cbn.co.za

Related articles

If the prime lending rate is phased out, what does it mean for consumers?ย 

If the prime lending rate is phased out, what does it mean for consumers?ย  By Therese Grobler, Head of Wealth Management at Momentum Financial Planning For...

How to Use a Voltage Tester: An Essential Guide for Electrical Safety and Efficiency

How to Use a Voltage Tester: An Essential Guide for Electrical Safety and Efficiency Fluke Electrical Application Note ย ย ย ย  Voltage testers are valuable tools for professionals...

MUST READ

SEW-Eurodrive sets the pace with power packs in African mining

SEW-Eurodrive sets the pace with power packs in African mining Comprehensively supporting the mining sector with commodity-specific drive train solutions, SEW-EURODRIVE has cemented its reputation...

RECOMMENDED

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.