IN HIS 2016 budget speech, Finance Minister Pravin Gordhan stressed the need for more private sector involvement in infrastructure projects. He also cited SA’s renewable energy programme as an example to be followed as government seeks to accelerate infrastructure investment.There are certainly valuable lessons to be learnt, for both the public and private sectors, from the success of the renewable energy programme. In less than five years, 6,200MW of electricity has been allocated to preferred bidders across technologies — more than the projected output of the Medupi coal-fired power station. About 2,000MW is already connected to the national grid with many more renewable energy projects currently under construction.More is to come, through additions to the programme, including the fifth round of bids, which is likely to be announced later this year or early next year. According to the government’s current energy roadmap (the Integrated Resources Plan), the aim is to have 17,800MW ...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.