South Africa’s Electricity Generation Up 5.6%, Consumption Rises 4.8% in May 2024

  • South Africa's electricity generation increased by 5.6% year-on-year in May 2024.
  • Electricity consumption rose by 4.8% year-on-year in May 2024.
  • From January to May 2024, electricity generation increased by 3.2%, and distribution increased by 3.3%.

South Africa experienced notable increases in electricity generation and consumption in May 2024, according to the latest data from Statistics South Africa (Stats SA). The figures reveal significant year-on-year growth in both the production and distribution of electricity across the nation.

Key Highlights

  • Electricity Generation: Up 5.6% year-on-year in May 2024.
  • Electricity Consumption: Increased by 4.8% year-on-year in May 2024.

Detailed Breakdown

Electricity Generation

In May 2024, South Africa’s electricity generation rose by 5.6% compared to the same month last year. However, there was a slight month-on-month decline of 0.5% from April 2024. The seasonally adjusted electricity generation also showed a 1.1% increase over the three months ending in May 2024.

Table A โ€“ Key Growth Rates in Electricity Generation

MonthYear-on-Year % ChangeMonth-on-Month % Change3-Month % Change
Dec 20234.4%1.1%2.6%
Jan 20240.8%-1.8%0.0%
Feb 20244.2%1.6%0.0%
Mar 20240.0%0.0%-0.8%
Apr 20245.7%1.2%1.2%
May 20245.6%-0.5%1.1%

This growth in generation was driven by a combination of factors, including improved efficiency in power stations and a reduction in load shedding.

Electricity Consumption

Electricity consumption in South Africa also showed robust growth, with a 4.8% year-on-year increase in May 2024. The month-on-month figures indicated a slight decline of 0.6% from April 2024, but the three-month period ending in May 2024 saw a 0.2% increase.

Table B โ€“ Key Growth Rates in Electricity Distribution

MonthYear-on-Year % ChangeMonth-on-Month % Change3-Month % Change
Dec 20234.6%1.8%2.6%
Jan 20241.5%-1.1%0.8%
Feb 20245.0%0.5%1.1%
Mar 2024-0.7%-0.7%-0.6%
Apr 20246.2%1.8%0.5%
May 20244.8%-0.6%0.2%

The consumption increase was partly attributed to higher demand from both residential and industrial sectors as the economy continues to recover post-pandemic.

Regional Distribution

Electricity distribution across various provinces also showed mixed results. Gauteng, the most populous province, saw a 2.1% year-on-year increase, while the Western Cape experienced an 11.3% rise, the highest among all provinces.

Table โ€“ Volume of Electricity Delivered to Provinces (Gigawatt-Hours)

ProvinceJan 2024Feb 2024Mar 2024Apr 2024May 2024May 2024 Year-on-Year % Change
Western Cape1,6231,5431,6351,5921,67711.3%
Eastern Cape6746627047187425.8%
Northern Cape5295085264394675.7%
Free State8347988658789289.4%
KwaZulu-Natal3,0872,9593,2193,1523,3244.9%
North West1,6981,5951,7731,6611,730-10.3%
Gauteng4,0273,8964,1964,3274,5892.1%
Mpumalanga2,5162,3402,5062,4962,6824.0%
Limpopo1,7191,6261,8021,7281,7466.1%
Total16,70815,92817,22716,99117,8843.3%

Year-to-Date Performance

From January to May 2024, the volume of electricity generated increased by 3.2%, and the volume distributed rose by 3.3% compared to the same period in 2023.

Table โ€“ Year-to-Date Volume of Electricity (Gigawatt-Hours)

CategoryJan-May 2023Jan-May 2024% ChangeDifference (GWh)
Total – all producers
Generated90,35993,2933.2%2,934
Inflow into South Africa4,4054,5363.0%131
Consumed in power stations6,8837,3576.9%474
Outflow from South Africa4,5584,411-3.2%-147
Distributed in South Africa83,32286,0613.3%2,739
Eskom
Generated78,47980,7852.9%2,306
Inflow into South Africa4,4054,5363.0%131
Consumed in power stations6,4236,8917.3%468
Outflow from South Africa4,5584,411-3.2%-147
Distributed in South Africa71,90274,0182.9%2,116

Conclusion

The positive trends in both electricity generation and consumption indicate a recovering and growing economy. Continued efforts in improving infrastructure and efficiency in power stations are crucial for sustaining this growth and meeting the increasing demand for electricity across South Africa.