Conflicting reports over why signing of IPP deals halted

by Garry Watts March 15, 2018, 2:04
Conflicting reports over why signing of IPP deals halted

The union argues in court papers that the utility already has excess capacity and signing the deals would force coal-fired power plants to shut down, resulting in job losses.

Energy Mnister Jeff Radebe - who last week announced that the deal would see an expected 61 600 jobs being created as well as South Africa being "restored back to its status of being the fastest-growing solar and wind energy market in the world" - announced today the deal wouldn't be signed until the matter has been "disposed of" in court. There was also misunderstanding about the process of Monday's court application.

Court action by a South African trade union has blocked the signing of 2.2GW of renewables contracts, dashing hopes that today would mark the end of a years-long saga that has battered confidence in the country's clean energy programme. A total of 27 Renewable Energy Independent Power Producer Projects (REIPPP) contracts had been lined up for signatures. "Eskom was planning to sign these agreements despite the fact that a previous application, by the Coal Transporters Forum to interdict them from signing, is still pending at the north Gauteng high court". The ANC government clearly wants to make the working class and the poor suffer even more than they do now.

"Electricity prices will skyrocket because of the IPP roll-out; while at the same time that Value-Added Tax and the fuel price are going up, workers are being paid slave wages of R20/hour and less". The more one does it, the more expensive it gets.

The developments have been received differently by the experts involved in the energy sector.

Casey wins at Innisbrook as Woods come up short by a putt
He had a 40-foot birdie attempt on the 18th hole to force a playoff with Paul Casey and came up short. It was the closest Woods has come to winning in almost five years.

Coal ash disposals in South Africa.

She disputed Radebe's job-creation numbers, and said that the deal would only sustain the employment numbers claimed by the minister only in the construction phase of these renewable power stations.

"The facts are clear: renewables already cost over 50% less than new coal-fired power, government policy has for years included the closure of coal-fired power stations, the associated job losses are being planned for through numerous processes now under way - most notably processes being undertaken by the national planning commission, electricity price increases are directly related to the extended delays and rising costs associated with Eskom's coal build programme".

Yelland, the investigative editor of EE Publishers, on Tuesday described the court bid as a "delay tactic", saying the move towards renewable energy is a global trend which would not leave South Africa behind.

Recommended News


TOP News

Raiders will sign tight end Derek Carrier
His agreement with the Raiders can become official Wednesday when the NFL's free agency period officially begins. In any case, Jared Cook is still considered to be the top tight end for the Raiders next season.

German industry wants more clarity around Brexit until next week
Juncker says both sides have agreed that there should be no hard border on the island of Ireland and that must be respected. The suggestion that the Irish border is a European issue was heckled by one MEP, who shouted: "It is a British issue".

Former Stoke boss Hughes in talks to become next Southampton manager
Southampton hope to have their new boss in place before facing Wigan on Sunday for a place in the FA Cup semi-finals. Of this season's contrasting fortunes, Pellegrino said: "We have been living a hard season for many reasons".

Jimmy Graham going to Green Bay
In fact, only one tight end in the Rodgers era has caught more than 60 passes in a season: Jermichael Finley in 2012. Nelson, 32, was set to count more than $12.5 million against the cap in 2018, the final year of his contract.

Kentucky man pleads guilty to assaulting US Sen. Rand Paul
Rene Boucher entered the plea of guilt in federal court in Bowling Green, Ky., to a charge of assaulting a member of Congress . At the time, he said: "It has nothing to do with politics ... it has to do with a disagreement between two neighbors".

Kevin Pietersen slams ICC's decision to ban Kagiso Rabada Kicker
He has been sanctioned three times previously for over-the-top celebrations when taking a wicket. I'm in the camp of the at least partially neutral Kevin Pietersen: "It's Test cricket".

Turkish plane with 11 on board crashes in Iran
Reports say the plane fell down near Shahr-e Kord, the capital city of Chaharmahal and Bakhtiari Province . Turkey's private Do─čan News Agency identified the plane as a Bombardier CL604, tail number TC-TRB.

Here Are The Biggest Snubs From The 2018 NCAA Tournament Field
But they also played tournament teams in Wichita State, Arkansas, Texas A&M and the aforementioned Florida State. Win one or two more in the conference, finish in the top half, and they'd unquestionably have gotten there.

Baidu, Inc. (BIDU) is at $258.73 per share and KEMET Corporation (KEM) is listed at $18.07
Earnings per share serves as an indicator of a company's profitability. (ZNGA) has been moved; whether it performed well or not. A beta of less than 1 means that the security will be less volatile than the market. 1 indicates more volatile than the market.

CSA officials face action over SBW masks
Rabada denies the contact was intentional but faces being banned for the final two tests of the series if found guilty. The photographs, taken on Day 1 of the ongoing second Test, have since gone viral on social media.