The affordability of the 32% tariff hike being sought by Eskom for implementation on April 1 next year came under intense scrutiny on the last day of National Energy Regulator of South Africa (Nersa) public hearings. The regulator, which adjudicated the first year of the three-year fifth multiyear price determination (MYPD5) in January, when it approved a 9.61% increase for the 2023 financial year against an Eskom request for 20.5%, expects to decide for the 2024 and 2025 financial years by November 7.
The South African Wind Energy Association (SAWEA) says Eskom’s new Standard Offer Programme may be a reinvigoration of government’s Additional Megawatt Programme that was launched in June last year. The original programme was also intended to buy additional energy from independent power producers (IPPs).
The Industrial Development Corporation (IDC) has sent a delegation to Spain to visit wind energy company Nordex’s wind turbine manufacturing facilities, as South Africa’s accelerated energy transition and its push for sector industrialisation requires increased local manufacturing, with a projected localisation target of well over 55% for government procurement by the end of the decade. To achieve this, government’s support through policy, smooth procurement and investment will be the key enabler. The exploratory trip will allow for first-hand discussions with the original equipment manufacturer, the IDC says.
The Green Energy Africa Summit (GEAS) has announced ten green technology start-up companies as finalists that will have the opportunity to present to potential investors at a pitching event in October. In preparation, the finalists will be invited to a focused training session to get them pitch perfect, the GEAS adds.
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