http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.18Change: -0.01
R/$ = 10.53Change: -0.01
Au 1292.45 $/ozChange: 1.70
Pt 1468.50 $/ozChange: -1.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 07, 2010

Interim ISMO may be established to facilitate IPP deals

Back
The Department of Energy deputy DG Ompi Aphane discusses the creation of an interim ISO
Africa|Cogeneration|Energy|Eskom|IPP|Paper|Renewable Energy|Renewable-Energy|System|Systems|Africa|South Africa|Cogeneration|Energy|Power Producers|Systems|Cogeneration|Ompi Aphane|Power
Africa|Cogeneration|Eskom|Paper|Renewable Energy|Renewable-Energy|System|Systems|Africa||Cogeneration|Energy|Systems|Cogeneration|Power
africa-company|cogeneration|energy-company|eskom|ipp|paper-company|renewable-energy|renewable-energy-company|system|systems-company|africa|south-africa|cogeneration-industry-term|energy|power-producers|systems|cogeneration-person|ompi-aphane|power
© Reuse this



The Department of Energy (DoE) confirmed on Monday that it was considering establishing an interim Independent Systems and Market Operator (ISMO) to facilitate buying arrangements with independent power producers (IPPs) trying to enter the South African market.

The DoE deputy director-general Ompi Aphane said at that the department had invested a significant amount work in analysing the different models that could be used for the interim entity.

"A lot of the technical work has been done and the department is ready to go into a policy process. Ultimately, we would look at a more permanent structure that requires the development and promulgation of final policy structures."

The ISMO is expected to buy power arising from IPPs, the emergence of which has been constrained by several regulatory gaps, as well as the fact that Eskom, which is currently the single buyer of IPP power, is not only cash-strapped, but perceived as a conflicted participant.

Aphane said that it would not ‘break-up' Eskom to take out the system operator of the power utility, seeing that it was a light asset base unit, but emphasised that it was an important aspect when it came to regulatory and management issues.

He said at an Integrated Resource Plan (IRP2010) stakeholder meeting that South Africa was currently doing ‘"very poorly'" in reaching its target of 10 TWh of renewable energy capacity by 2013, mainly owing to the issue of not having an independent buyer of power. "Especially with Eskom having experienced significant financial woes in recent times," he added.

However, Aphane said that the DoE was confident that the situation would change, noting that a number of cogeneration contracts had already been signed.

"We have also aligned the expected renewable energy white paper with the IRP2010 deadline, that will aid us in reaching future targets. In addition, the renewable energy white paper will provide the market with more long-term renewable energy targets beyond 2013," concluded Aphane.

 

 

Edited by: Mariaan Webb
© Reuse this Comment Guidelines
 
 
 
 
 
 
 
 
 
Latest News
Despite a degree of ambiguity around the transfer of small business-focused promotion programmes from under the auspices of the Department of Trade and Industry (DTI) to the newly formed Department of Small Business Development (DSBD), Small Business Development...
Olivier Blanchard
The International Monetary Fund (IMF) has once again lowered its 2014 growth forecast for South Africa to 1.7%, having previously forecast that Africa’s second-largest economy would expand by 2.3%. The 0.6% downward revision, which is contained in the World...
A study on the economic state of the City of Johannesburg’s (CoJ’s) economy has revealed lagging growth and a lack of diversification as the city struggled to return to pre-financial crisis growth levels. The ‘CoJ Economic Overview 2013: A Review of the State...
More
 
 
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
 
 
 
 
 
This Week's Magazine
Updated 5 hours ago Multinational semiconductor chipmaker corporation Intel announced its national campaign to further acquire partners to drive its She Will Connect programme, an initiative that aims to expand digital literacy skills to young women in developing countries, further into...
Updated 5 hours ago South Africa's MeerKAT radio telescope array programme should get back on schedule within a few months. This assurance has been given by SKA South Africa (SKA SA) associate director: science and technology Prof Justin Jonas. Early last month, Science and Technology...
Updated 5 hours ago The Passenger Rail Agency of South Africa’s (PRASA’s) Metrorail service will remain a subsidised service following its current multibillion-rand rolling stock, station, depot and signalling upgrade programme. PRASA group CEO Lucky Montana has allayed fears that...
GARYN RAPSON Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will open the door for court battles to determine who will be held liable for the remediation
Updated 5 hours ago The uncertainties around the remediation of affected areas as addressed in the Contaminated Land Provisions in the National Environmental Management: Waste Act No 59 of 2008 will possibly spark litigation and disputes between landowners and businesses, contractors...
Updated 5 hours ago South Africa is currently the largest component of the African Development Bank’s (AfDB’s) active portfolio in Southern Africa, comprising 62.5% of the bank’s $7.9-billion exposure to the 12-country region – the second largest beneficiary is Mauritius, which...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks