Eskom sticks on price for renewables
The energy department is upbeat deadlock can be broken
The standoff between the Department of Energy and power utility Eskom looks set to continue for a while, with both sides digging in on their positions on price. Head of the department’s independent power producer (IPP) unit Karen Breytenbach said on Thursday that she was optimistic the impasse would soon be overcome. But Eskom is insisting that unless producers are willing to reduce the prices agreed on with the department, the utility will not be able to connect them to the grid. Eskom has refused to sign more power purchase agreements since July 2016 on the grounds that the programme costs too much, especially in the current context of an electricity supply surplus. Breytenbach addressed the Growing Economies Energy Forum saying, "we are very close to that point where we will see change. I am fairly upbeat about the situation." There was enough political support for the deadlock to be overcome, she said.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.