Contracts for ‘emergency’ power procurement programme to be signed on June 2

Power purchase agreements (PPAs) arising from the much-delayed Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) will be signed on June 2, the Department of Mineral Resources and Energy revealed on Tuesday. The DMRE did not indicated whether all 11 projects would be signed, saying only that the signing ceremony would be held in Centurion and would be presided over by Mineral resources and Energy Minister Gwede Mantashe.
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As fuel-levy reduction is extended, govt warns of R4.5bn fiscal hit

The South African government has announced a two-month extension to the temporary reduction in the general fuel levy, but has warned that the R4.5-billion in foregone revenue will have an impact on the fiscal framework. In a joint statement Minister Enoch Godongwana and Gwede Mantashe announced that Godongwana had submitted a letter to the Speaker of the National Assembly, requesting the tabling of a two-month proposal for the extension of the reduction in the general fuel levy.
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Renewable energy the most effective load-shedding mitigation strategy, says Scatec

South Africa is well-positioned for effective renewable energy generation, as abundant sun and wind resources, combined with the quick turnaround of establishing renewables-based projects, make for the most effective and sustainable solutions to the energy risks South Africa faces, says renewable energy company Scatec sub-Saharan Africa GM Jan Fourie. Recent developments in technology and innovation in the renewable energy sector have led to the viability of on-demand power generation at a stable cost over the long term, making it a safer and more cost-effective solution for the country, he notes.
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Major contract awarded to complete development of Brazil’s third nuclear reactor

Brazilian Federal State-owned nuclear energy company Eletronuclear has signed a “Term of Commitment” with another Brazilian company, Nuclebrás Equipamentos Pesados (Nuclep), which is also a Federal State-owned undertaking, to manufacture and deliver new heat exchangers for the country’s third nuclear reactor, Angra 3. The contract is worth more than $84-million. Currently, Brazil has two operating nuclear power reactors, Angra 1 and Angra 2. All three reactor sites are in a single nuclear complex on the coast at Angra dos Reis in Rio de Janeiro State, about 100 km south west of Rio de Janeiro city.
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