https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Embed Video

Renewable-energy forum to unpack sector prospects, risks

Renewable-energy forum to unpack sector prospects, risks

22nd April 2015

By: Natalie Greve
Creamer Media Contributing Editor Online

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

On the heels of Energy Minister Tina Joemat-Pettersson’s recent announcement of the preferred bidders under the fourth bidding round of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), renewable-energy specialists, energy policymakers and successful bidders will next month gather to discuss key developments in South Africa's nascent energy sector.

The Renewable Energy Forum South Africa (Refsa), which takes place in Johannesburg on May 5, will bring together some of the biggest winners under the REIPPPP’s most recent window, including Norwegian solar power producer Scatec Solar, which would build 258 MW worth of solar capacity.

Advertisement

Also in attendance would be Department of Energy (DoE) independent power producer (IPP) unit head Karen Breytenbach and DoE acting director-general Dr Wolsey Barnard, who would deliver an address on the various departmental programmes geared at addressing energy security in South Africa.

“While the event is traditionally focused on renewables, the programme this year has been expanded to reflect the evolution of the South African energy sector and the expansion of the IPP programme to include coal, gas and nuclear projects.

Advertisement

“With a total of 49 photovoltaic proposals and 23 onshore wind proposals, the fourth bidding round indicated substantial investor interest in the REIPPPP,” event producer DLO Energy Resources Events said in a preview statement this week.

Refsa founder Linda Mabhena-Olagunju added that emphasis also needed to be placed on the progress made and challenges faced by energy producers in other sectors, such as nuclear, coal and gas.

Moreover, the further announcement by the DoE that it planned to expand the renewable-energy programme and shorten procurement processes over the next year in an effort to accelerate the availability of energy capacity dovetailed with the topics under discussion at the event, she noted.

“The recent announcement by the Minister could not have come at a [more] perfect time, as we now are at a phase, as IPPs, where we can fully assess the progress of the industry and measure the significance of its contribution to the grid,” said Mabhena-Olagunju. 

The event would also focus on funding for black developers, following on a key policy decisions by the DoE to increase the participation of black developers, particularly under the coal IPP programme, which required at least 30% black ownership.

A fundamental question that remained, she argued, was whether development finance institutions, such as the Industrial Development Corporation, the Development Bank of South Africa and the Public Investment Corporation, would have enough funding for these programmes in future.

“While, as black developers, we welcome the increased participation requirements, it is important that there is also a higher funding pool that is affordable to enable black developers to be able to put competitively priced projects for bidding. The cost and accessibility of funding is crucial,” Mabhena-Olagunju commented.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za