The application by Eskom to preserve and reserve grid connection capacity for independent power producers (IPPs) participating in public procurement processes implemented in line with Section 34 of the Electricity Regulation Act (ERA) is not a surprise, but nevertheless raises serious questions. The well-documented failure of Eskom to invest in grid capacity ahead of demand is the ultimate cause.
The National Council of Provinces’ (NCOP’s) recent approval of the Electricity Regulation Amendment (ERA) Bill has far-reaching implications for the future structure and operation of an industry that has been dominated by Eskom for more than a century. Unlike the controversial National Health Insurance Bill, which President Cyril Ramaphosa signed on May 15, the ERA has the backing of business, which called for its urgent passage as part of reforms that it viewed to be necessary to end loadshedding and place the sector on a more sustainable footing.
The Department of Mineral Resources and Energy (DMRE) has confirmed another extension to the bid submission deadlines for the current renewables procurement round, as well as the second battery storage bidding round. The deadline for Bid Window Seven (BW7) of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) which had already been moved from April 30 to May 30, has been extended to August 15.
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