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21 May 2018 Photo Naledi Posholi
Could wave power be an answer to SAs electricity crisis
Attending a recent guest lecture, were from the left: Prof Marian Tredoux UFS Department of Geology, Prof Stoffel Fourie fromWalter Sisulu University, and Thoriso Lekoetje a third-year UFS Geology student.

South Africa has a 2800-km long coastline with high wave energy potential that can generate electricity. Presenting a lecture at the UFS Department of Geology, Prof Stoffel Fourie discussed wave power as a possible solution to the country’s electricity needs. Prof Fourie is a geophysicist and the chairperson of research and development in the faculty of engineering at Walter Sisulu University.

Power at any time
Wave power is a renewable and sustainable resource. “It can provide continuous base load power because wave energy systems do not suffer from ‘time of day’ issues as other renewable energy options. This means that it can generate power at any time of the day,” said Prof Fourie. 
Discussed also was the wave power advantages and disadvantages. 

Wave energy advantages
• Wave energy is a reliable renewable energy resource;

• Reduces dependency on fossil fuels;

• Wave energy is predictable and consistent;

• Generates little or no pollution to the environment compared to other energy resources; and

• Presents no barriers or difficulty to migrating fish and aquatic animals.

Wave energy disadvantages
• Wave energy conversion devices are location dependent, thus limiting possible sites where they can be implemented;

• Offshore wave energy devices can be a threat to shipping as they are too small to detect by radar; and

• High capital investment required for start-up costs, construction and maintenance.

“Looking at both advantages and disadvantages, there is no doubt that South Africa can use this method to harvest energy. With the right investment and political buy-in, wave power could provide a continuous supply of energy and contribute to all South Africa’s electricity needs,” Prof Fourie said.

News Archive

Deputy Governor of SA Reserve Bank inspires students
2016-08-19

Description: Deputy Governor of SA Reserve Bank  Tags: Deputy Governor of SA Reserve Bank

Dr Lyndon du Plessis, Head of Department of Public
Administration and Management, Francois Groepe,
Deputy Governor of the South African Reserve Bank,
Prof Philippe Burger, Head of the
Department of Economics and B.Com Hons student,
Mosoeu Mabote.

Photo: Siobhan Canavan

Students from the Faculty of Economic and Management Sciences had the opportunity to learn from the best in the field when the Deputy Governor of the South African Reserve Bank, Francois Groepe, presented a seminar on the changing roles of central banks.

According to Groepe, we are currently living in challenging times as central banks are called on to do more.

“Central banks have limits, and these limits are not always understood,” he said on 11 August 2016 in the Equitas Auditorium on the Bloemfontein Campus.

How central banks contribute to inflation

There are two main generally-expected roles from central banks: the obvious one of providing bank notes and coins, and the other, maintaining price stability.

According to Groepe, the aim of keeping prices stable is to ensure easier planning for the future, and to assist the poor.

“The poor are the ones more vulnerable to higher inflation because they hardly have enough to get by,” he said.

A negative impact on monetary policies could affect the economy negatively. This is as a result of higher inflation caused by the increase in food prices.

Furthermore, the 12% government debt renders a negative yield in the economy.

The stability of finances in South Africa


Financial stability is not an end in itself, but, like price stability, is generally regarded as an important precondition for sustainable economic growth, development, and employment creation.

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