How much Eskom will pay to import electricity from other countries

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How much Eskom will pay to import electricity from other countries
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Eskom has launched its cross-border electricity procurement programme, which it hopes will start delivering 1,000MW in 2024.

Power utility Eskom has launched the cross-border standard offer programme for short-term energy purchases from cross-border utilities and cross-border Independent Power Producers .

Eskom said that the standard offer approach enables the group to purchase cross-border energy at an established price calculated at the avoided cost of Eskom’s own generation . The programme is designed to simplify the procurement of energy from existing and new facilities on a short-term basis from the Southern African Development Community region.Eskom said that the price is a time-of-use structure determined annually before 28 February, applicable to the next contract year.

“Eskom hopes to contract approximately 1,000MW with this programme, which will significantly reduce the current capacity constraints,” it said.Eskom has invited all cross-border utilities and cross-border IPPS that meet the qualification criteria to submit applications to supply energy to Eskom.

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BusinessTechSA /  🏆 24. in ZA

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