Nersa issues plan to procure 12 GW of power in South Africa
The National Energy Regulator of South Africa (Nersa) has issued a second concurrence to a Section 34 Ministerial Determination, which will allow the Department of Mineral Resources and Energy (DMRE) to procure more power. The decision will allow the DMRE to secure 11,813 MW of power (including 6.8 GW of solar, 3 GW of gas-fired capacity, 1.5 GW of coal-fired capacity, and 513 MW of electricity storage). Potential suppliers must submit bids by 24 November 2020. Preferred bidders are expected to be announced on 15 December 2020 with a financial close expected on 30 April 2021. The selected projects should be operational from 2022.
The plan will add to the risk mitigation independent power producer programme (RMIPPP), which foresees to secure 2 GW of capacity by December 2021 (request for proposals issued in August 2020).
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