{"id":574962,"date":"2022-04-06T15:51:50","date_gmt":"2022-04-06T13:51:50","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=574962"},"modified":"2022-04-06T15:51:50","modified_gmt":"2022-04-06T13:51:50","slug":"south-africa-opens-another-electricity-bid-window-as-it-looks-to-leave-load-shedding-behind","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/574962\/south-africa-opens-another-electricity-bid-window-as-it-looks-to-leave-load-shedding-behind\/","title":{"rendered":"South Africa opens another electricity bid window as it looks to leave load shedding behind"},"content":{"rendered":"<p>The Department of Mineral Resources and Energy (DMRE) has opened bid window six of its Renewable Energy Independent Power Producers Procurement Programme (REIPPPP).<\/p>\n<p>The announcement comes as the government increasingly looks to renewable energy resources such as solar and wind as it plans to phase out its long-term reliance on coal. The window is expected to procure a further 2,600MW of renewable energy from Independent Power Producers (IPPs), of which 1.6 GW is wind energy in line with the gazetted IRP2019.<\/p>\n<p>The department has set a firm date for the closing date for bid submission as 11 August 2022.<\/p>\n<p>The bid window has been welcomed by the South African Wind Energy Association (SAWEA) which it said is a step towards addressing energy security and further stimulating the role of the wind sector in South Africa\u2019s development objectives.<\/p>\n<p>&#8220;The announcement to open BW6, calling for proposals from IPPs, adds vitally needed power capacity to the country, which continues to struggle with a strangled energy supply that is preventing the necessary economic recovery that South Africa so badly needs.<\/p>\n<p>&#8220;This also adds impetus to the sector\u2019s push for industrialisation, which relies on rolling procurement in order for the industry to attract the necessary market investment and reduce risk,&#8221; said Niveshen Govender, chief executive of SAWEA.<\/p>\n<p>South Africa can address fundamental challenges of energy access, energy security and climate change through the deployment of renewable energy, Govender said.<\/p>\n<p>&#8220;We can harness our abundant potential of increasingly cost-competitive renewable energy to service the growing demand for electricity and avoid a potential fossil-fuel lock-in, in addition to local and foreign investment.<\/p>\n<p>Furthermore, renewable technologies present the potential for the creation of new industries, job creation and localisation across the value chain.&#8221;<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/energy\/574074\/anger-over-proposed-7-5-electricity-price-hike-in-south-africa\/\" target=\"_blank\" rel=\"noopener\">Anger over proposed 7.5% electricity price hike in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Department of Mineral Resources and Energy (DMRE) has opened bid window six of its Renewable Energy Independent Power Producers Procurement Programme (REIPPPP).<\/p>\n","protected":false},"author":10,"featured_media":565692,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[26],"class_list":["post-574962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/574962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=574962"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/574962\/revisions"}],"predecessor-version":[{"id":574966,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/574962\/revisions\/574966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/565692"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=574962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=574962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=574962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}