Finance Minister Malusi Gigaba says Eskom made a “mistake” by raising its corporate difficulties in relation to the signing of power purchase agreements (PPAs) with renewable-energy generators in a way that undermined the policy position of government on both the energy mix and the renewable-energy programme.
Speaking ahead of his departure for the Spring meetings of the International Monetary Fund and the World Bank in Washington DC, Gigaba stressed that government policy with regard to the integration of independent power producers (IPPs) into the country’s electricity network “remains unchanged” and that there should be no “uncertainty as to our commitment to the energy mix and the renewable-energy programme”.
“That is why, in view of the recent statements by some executive directors at Eskom . . . we’ve had Cabinet coming out to say: ‘We remain committed to renewable energy, to the renewable-energy targets that were outline in the Integrated Resource Plan (IRP) 2010 – we remain committed to all our plans as we have outlined’.”
Gigaba had also met with newly appointed Energy Minister Mmamoloko Kubayi to discuss the delayed signing of PPAs arising from the most recent bid windows of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
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Speaking ahead of his departure for the Spring meetings of the International Monetary Fund and the World Bank in Washington DC, Gigaba stressed that government policy with regard to the integration of independent power producers (IPPs) into the country’s electricity network “remains unchanged” and that there should be no “uncertainty as to our commitment to the energy mix and the renewable-energy programme”.
“That is why, in view of the recent statements by some executive directors at Eskom . . . we’ve had Cabinet coming out to say: ‘We remain committed to renewable energy, to the renewable-energy targets that were outline in the Integrated Resource Plan (IRP) 2010 – we remain committed to all our plans as we have outlined’.”
Gigaba had also met with newly appointed Energy Minister Mmamoloko Kubayi to discuss the delayed signing of PPAs arising from the most recent bid windows of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
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