Energy efficiency and Demand Side Management Program ... - Eskom

It is important to consider the social impacts and other social contributors for each project planned.
The identified issues might not all have an equal priority, but weighting would assist in delineating
the most important issues to be taken up into an actual social survey.
Social aspects Technology Equipment Operation Performance
Social issues of a program
(e.g. employment,
governance, stakeholder
and community
participation, health,
safety and security,
Intergenerational equity,
etc.)
Items which might be
considered in scoring (e.g.
pre‐ and post‐
implementation data and
impact from the program)
Scores (out of 100)
Weighting factors (in
percentage)
Subtotal score
6.1.4 Economic Aspects
Table 3 Program evaluation of social aspects
Economic aspects should be assessed in a similar fashion suggested in the above. Saving energy and
simultaneously improving production would yield economic improvements. The economic aspects
that could include balance payments of investments, life‐cycle generation costs, local content of the
system and assessments of the risk and prospects of a specific project.
Each issue will be evaluated by certain criteria from properly chosen POET related indicators. For
example, the local content could be assessed as such: proportion of local content now, or for the first
plant (T); prospects for increasing local content of a future plant (this is particularly pertinent to the
scenario as a whole are technologies to be deployed at sufficient rate to justify local manufacture)
(E); dependence on imported parts and systems (O); and the type of technology use in the plant (P).
Other such examples include:
Costs: life‐cycle generation costs; other system infrastructure
Financial / Price risk: probability of cost over‐runs subsequent to contracting (track record of
technology); exposure to fuel price volatility and escalation over medium to long term (short
term covered under security of supply); exposure to carbon pricing/border taxes (note: this is
not double‐counting GHGs as it does not relate to the impact of atmospheric pollution);
state/public exposure to liability;
Financing prospects: eligibility for development and/or climate finance;
prospects/attractiveness for private equity; compatibility with long‐term national savings
(e.g. investment by pension funds);
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