CLOCK IS TICKING

6th December 2019 By: Darlene Creamer

CLOCK IS TICKING

There is growing frustration at the lack of progress in initiating bidding processes for the procurement of new electricity generation. Despite the fact that the Cabinet-endorsed Integrated Resource Plan 2019 (IRP 2019) outlines an urgent need for between 2 000 MW and 3 000 MW to address a gap that has emerged as a result of a lower-than-anticipated energy availability factor from Eskom’s existing coal fleet and a derating of the Medupi and Kusile power station units relative to their original nameplates, nothing has happened since the IRP 2019 was gazetted on October 18.