Curtailment framework submitted to Nersa as new deadline is set for restart of IPP procurement

Eskom has confirmed that it has delivered a curtailment framework, as well as its proposed Gated Generator Connection Process (GGCP) to the National Energy Regulator of South Africa (Nersa) for approval. However, it is not yet clear whether either will be approved ahead of the restart of public procurement for new independent power producer (IPP) capacity. Minerals Resources and Energy Minister Gwede Mantashe reported this week that Bid Window Seven (BW7) of the Renewable Energy Independent Power Producer Procurement Programme would be launched “within two weeks”, along with an inaugural gas-to-power bidding round and a second battery storage bid window.
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South Africa warns others not to go from electricity to darkness

One of the architects of South Africa’s groundbreaking deal with rich nations to move more quickly away from coal sounded a note of caution to other countries considering similar agreements. Environment Minister Barbara Creecy urged developing nations to make sure energy security and jobs are prioritised in any arrangement.
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COP 28 to host fossil fuels debate

This year’s Conference of the Parties to the United Nations Framework Convention on Climate Change, referred to globally as COP 28 and being held from November 30 to December 12 in Dubai in the United Arab Emirates (UAE), will look to address environmental issues, including decarbonisation targets and the “abolishment of fossil fuels”, by 2050. The US Environmental Protection Agency reports that fossil fuels are responsible for about 73% of all greenhouse-gas (GHG) emissions globally.
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Financial backing boosts decarbonisation initiative

Financial institution Standard Bank announced last month it had finalised an agreement to support global carbon project developer The African Stove Company (TASC) with funding for what is believed to be the first carbon credit project of its kind in South Africa. The carbon credit project has been designed to combat climate change and simultaneously drive positive social outcomes in rural areas.
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