When the Ministers responsible for seeking resolution to the current impasse in South Africa’s renewable-energy sector meet this month, they will be expected to weigh the serious legal and policy implications of backtracking from a Ministerial determination – as well as from one of the country’s few well run procurement processes – against Eskom’s increasingly forceful financial arguments against the signing of further power purchase agreements (PPAs) in the short to medium term.
Public Enterprises Minister Lynne Brown has indicated that the inter-Ministerial task team, which also comprises Finance Minister Pravin Gordhan and Energy Minister Tina Joemat-Pettersson, will meet by mid-February in an effort to find “answers” to the standoff.
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Public Enterprises Minister Lynne Brown has indicated that the inter-Ministerial task team, which also comprises Finance Minister Pravin Gordhan and Energy Minister Tina Joemat-Pettersson, will meet by mid-February in an effort to find “answers” to the standoff.
Read more....
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