South Africa plans to spend billions to expand the grid, but the private sector will have to step in amid Eskom’s financial woes.
South Africa desperately needs to increase its grid access for the switch to renewable energy, but Eskom will have to turn to the private sector to finance the expansion.recently said South Africans should expect load shedding to continue unless new capacity is added to the grid, which is currently constrained by infrastructure, like grid access and transmission lines.
Meridian Economics and Krutham added that this is concerning as the TPD is already proving to be a challenge for Eskom. “However, the ability of the state to support this strategy through guarantees is limited, and Eskom is in a weak financial position,” said the experts. When it comes to grids connecting and evacuating IPP power into the main Transmission backbone, an IPP-backed IPT BOOT model is recommended.
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