Principal: Property Finance | Driving sustainable revenue through profitable debt financing
The much anticipated Integrated Resource Plan has been released, with some sobering findings: “Analysis of the grid period between now and year 2030 highlights a concerning electricity supply and demand deficit. While ongoing additional generation capacity initiatives are expected to alleviate unserved energy, they do not fully address the underlying system adequacy. “The final policy decision must be taken on the basis of long term decarboniation trajectory while improving South Africa's competitiveness, growing the economy through an industrial renaissance." "Locally, the rollout of renewable energy is set to increase rapidly through public and private procurement programmes as the country aims to achieve energy security while decarbonising the electricity supply." #IRP2023 #southafrica #electricitysupply #sustainability #NDC #renewableenergy
INDUSTRY NEWS: The much anticipated Integrated Resource Plan (IRP) 2023, the country's #electricity plan up to 2030 has been released by Department of Mineral Resources and Energy (DMRE) for public comment. South African Photovoltaic Industry Association (SAPVIA) will study the plan and provide comprehensive comments in consultation with its members and strategic partners. #energy #renewableenergy #solar #distributedgeneration #solar #solarpv