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State readies for a gas IPP programme

Author: Siseko Njobeni

The government is planning a gas-to-power programme that will contribute 3 126 megawatts of electricity.

The National Treasury last week said the move would lead to R64 billion of investments in port, pipeline, generation and transmission infrastructure in Richards Bay, Coega and Saldanha Bay.

 

Building on the momentum and success of the renewable energy Independent Power Producer (IPP) programme, the mooted gas programme will see more private capital injected in the electricity sector.

The Treasury said the Department of Energy was developing a gas utililisation plan, which would take a 30-year view of the gas industry from a regulatory, economic and social perspective.

 

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