A very positive move for the Energy Industry. Thanks to all the Ministers and Key stakehokders that heard our call for solutions to the energy crisis Thank you @PresidencyZA@GwedeMantashe1 .
IRP 2019 Minister Mantashe. Many factors since 2010 IRP has changed. Decline in electricity consumption must be looked into. IRP 2019 supports diversified mix. Coal plants will still be in the mix but there are some that will be decommissioned.
CABINET APPROVES IRP
Tomorrow, 18 October, we will brief the media following Cabinet approval of the Integrated Resource Plan. Once gazetted for implementation, #IRP2019 will create the much-needed policy certainty within the electricity generation sector. #InvestinSAEnergy
The Minister of Mineral Resources and Energy, Mr Gwede Mantashe (MP) will tomorrow, 18 October 2019, brief the media following Cabinet approval of the Integrated Resource Plan (IRP) 2019. 10am.
#AMEUConvention takes place a day before I table the updated #IRP2019 to Cabinet for approval. As you might be aware, #IRP2019 update has been long coming. I believe that its approval will create the much-needed policy certainty within the electricity generation sector...
We must appreciate the fact that when Municipalities & Departments of the State don't pay Eskom, they are contributing to the high cost of Electricity. We must work together to find solutions to our Electricity problems. #ameuconvention2019@DMR_SA@Energy_ZA
"As we work to create jobs and employment opportunities, we are also working to reduce the cost of living. This explains our efforts to bring down the cost of electricity, data, public transport, health care and education." President @CyrilRamaphosa https://t.co/KmWGQfXYAi
The IRP was tabled in Cabinet Committee yesterday. It will be tabled in Cabinet next week. The Plan will lay the foundation for investment in power generation. Such an investment should have the impact of lowering the cost of doing business in our country. #MakeEnergyWork
There has been a gradual decline in electricity demand. This, together with low economic activity and increasing electricity tariffs close the supply-demand gap. #Windaba2019#InvestinSAEnergy
In your deliberations at this #Windaba2019, be assured of Government’s commitment to collaborate with you. Similarly, come forth and make your own commitment to find energy solutions to drive the economy.
Now is the time.
I thank you.
The industry must have a discussion on its contribution the economy & ensure that as a country, we industrialize, beneficiate & ensure that the economy grows again. #Windaba2019#InvestinSAEnergy