Covid-19 Business Watch
WATCH: Risk mitigation IPP procurement programme gaslights energy policy
Michael Avery covers SA’s energy policies and the role played by the risk mitigation independent power producers programme
When mineral resources and energy minister Gwede Mantashe announced the winning emergency power bidders and opened bid window 5 of the risk mitigation independent power producers (IPPs) procurement programme, there was a lot of wailing and gnashing of teeth over the inclusion of Turkish power ships, in particular.
Not so much the technology solution as the term, which, over 20 years, locks SA into a solution that is meant to fill the gap until more permanent solutions can be implemented to close the power gap. Speculation is rife that the request for proposals was engineered to achieve this outcome that will create an anchor buyer for the further development of the Brulpadda prospect. ..
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