South Africa’s Cabinet has approved the proposed Integrated Resource Plan for Electricity 2010 (IRP2010) to be implemented over the next 20 years.
"Cabinet was informed by the need to diversify the energy mix, with specific emphasis on broadening energy carriers to include gas, imports, nuclear, biomass, renewable [wind, solar and hydro], as well as the efficient use of the existing resources, such as coal, while ensuring that we continue to invest in clean coal technology," said Cabinet member Collins Chabane.
Meanwhile, the Cabinet also approved the Independent System and Market Operator (ISMO) bill that will encourage stakeholders in the power generation sector with hopes of gaining independent power producer (IPP) participation.
"IPPs will minimize the financial burden on the state in relation to the building of new generation capacity and they will spread the burden and risk relating to providing power capacity necessary to grow the economy and create jobs," Chabane said.
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