South Africa opens one other electrical energy bid window because it appears to go away load shedding behind

The Department of Mineral Resources and Energy (DMRE) has opened bid window six of its Renewable Energy Independent Power Producers Procurement Programme (REIPPPP).

The announcement comes as the federal government more and more appears to renewable power sources comparable to photo voltaic and wind because it plans to section out its long-term reliance on coal. The window is anticipated to obtain an additional 2,600MW of renewable power from Independent Power Producers (IPPs), of which 1.6 GW is wind power in step with the gazetted IRP2019.

The division has set a agency date for the cut-off date for bid submission as 11 August 2022.

The bid window has been welcomed by the South African Wind Energy Association (SAWEA) which it mentioned is a step in the direction of addressing power safety and additional stimulating the function of the wind sector in South Africa’s improvement aims.

“The announcement to open BW6, calling for proposals from IPPs, provides vitally wanted energy capability to the nation, which continues to battle with a strangled power provide that’s stopping the required financial restoration that South Africa so badly wants.

“This also adds impetus to the sector’s push for industrialisation, which relies on rolling procurement in order for the industry to attract the necessary market investment and reduce risk,” mentioned Niveshen Govender, chief govt of SAWEA.

South Africa can handle elementary challenges of power entry, power safety and local weather change by the deployment of renewable power, Govender mentioned.

“We can harness our considerable potential of more and more cost-competitive renewable power to service the rising demand for electrical energy and keep away from a possible fossil-fuel lock-in, along with native and overseas funding.

Furthermore, renewable applied sciences current the potential for the creation of latest industries, job creation and localisation throughout the worth chain.”

Read: Anger over proposed 7.5% electrical energy worth hike in South Africa

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