Jul 27, 2012
Internal approvals in hand for first renewable projects - EskomBack
Eskom|Renewable Energy|Renewable-Energy|South Africa|Renewable-energy Projects|Adele Greyling|Dipuo Peters|Renewables Technologies
© Reuse this
Single buyer office representative Adele Greyling reported on Friday that corporate authorisations had been secured to sign power purchase and connection agreements with the first-window bidders, which were named by Energy Minister Dipuo Peters in December.
She told delegates to the Sustainability Week conference and exhibition that the utility would conclude the agreements once it had received Public Finance Management Act and National Energy Regulator of South Africa approvals.
The 28 renewable-energy projects were identified as preferred bidders during the first REIPPP bid window and an initial deadline of June 19 was set for financial closure.
However, the Department of Energy (DoE) has informed bidders that it is not yet in a position to confirm when the department and Eskom will conclude the implementation agreements, the power purchase agreements and the direct agreements.
Earlier, Peters indicated that the closure deadline had been shifted to the end of July.
The first-window independent power producers (IPPs) collectively represent about 1 415 MW of potential capacity, while through the REIPPP, the DoE aimed to procure 3 725 MW to be introduced into South Africa’s power generation mix between 2014 and 2016.
Eskom had no role in the allocation of renewables technologies, but, as the buyer, will sign the power purchase agreement as well as grid connection and distribution agreements.
It had also established a grid access unit to facilitate the connections process.
“We as Eskom are committed to facilitate the entry of IPPs . . . and we will continue to pursue [conventional and renewable] IPP opportunities,” Greyling insisted, adding that the utility was also in the final stages of concluding agreements to facilitate the entry of a new 1 000 MW peaking power project.
Edited by: Creamer Media Reporter© Reuse this Comment Guidelines
Recent Research Reports
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
Road and Rail 2013: A review of South Africa's road and rail infrastructure (PDF Report)
Creamer Media’s Road and Rail 2013 Report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Liquid Fuels 2013 (PDF Report)
Creamer Media’s 2013 Liquid Fuels report examines South Africa’s liquid fuels market, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing,...
Projects in Progress - Second Edition (PDF Report)
Creamer Media’s second Projects in Progress supplement considers some of the major project developments under way, including high-profile energy and transport projects, as well as a few of the lower-profile public and private developments. What remains apparent is...
Water 2013: A review of South Africa’s water sector (PDF Report)
Creamer Media’s Water 2013 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Canadian Mining Roundup for June 2013 (PDF Report)
The June 2013 roundup includes details of the development of TSX-V-listed Aldridge Minerals’ flagship Yenipazar polymetallic project, in Turkey; the Canadian Nuclear Safety Commission’s renewal of Cameco’s uranium mining licence pertaining to the Cigar Lake...
This Week's Magazine
Mitsubishi Motors South Africa (MMSA) has introduced a 4x2 derivative of its Pajero Sport sports-utility vehicle (SUV), which will give it access to a substantial slice of the full-size SUV market, where it will compete with the likes of the Ford Everest, Chevrolet...
South African Energy Minister Ben Martins has affirmed that the government wants the country to be globally competitive in the nuclear sector. "Our responsibility has always been ... to ensure that, in nuclear energy, South Africa can compete with the rest of the...
Mercedes-Benz South Africa (MBSA) president and CEO Dr Martin Zimmermann describes the new S-Class as “a special place to be”, with the car creating a sense of “wellness” once you are seated inside the German brand’s flagship model. It is difficult to argue...
Water scarcity and water-quality issues are broadly recognised and understood in most political, business and civil organisations in South Africa, but solving water issues will require wide and continuous action in catchments and municipalities by organisations and...
Work is well under way on the R212-million Imvutshane dam, 30 km north-west of Stanger, in KwaZulu-Natal, which is a key link in supplying people in rural Maphumulo with a reliable source of safe drinking water.