Share

Breakthrough: Energy regulator eases path to buying private power

The National Energy Regulator of South Africa took a crucial step toward allowing the government to procure emergency power and to allow the building of more privately owned power plants.

The regulator issued public consultation papers after the energy minister allowed the procurement of 2,000 megawatts of emergency capacity as soon as possible and the construction of 6,800 megawatts of capacity from longer-term renewable power plants. The longer term plan is in line with a government energy framework that includes additional generation capacity in the form of non-renewable power. South Africa is in urgent need of more electicity to end recurrent outages.

As soon as the process is finished by the regulator, procurement of new capacity can begin, Department of Mineral Resources and Energy Deputy Director-General Jacob Mbele said March 3.

The deadline for comment on the framework for the procurement of emergency power is April 14 and the process will be completed in three months. The deadline for the longer term plants, which encompass a range of technologies from wind to battery storage and coal, will close May 7 and the process will be finalized after about six months, the documents said.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.29
-0.7%
Rand - Pound
23.87
-1.1%
Rand - Euro
20.58
-1.2%
Rand - Aus dollar
12.38
-1.1%
Rand - Yen
0.12
-1.2%
Platinum
943.50
+0.0%
Palladium
1,034.50
-0.1%
Gold
2,391.84
+0.0%
Silver
28.68
+0.0%
Brent Crude
87.29
+0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders