- In press briefing yesterday, South Africa’s Presidential Climate Commission (PCC) executive director, Crispian Olver, said that they plan to recommend 50 to 60 gigawatts of renewables and 3 to 5 gigawatts of peaking support be included in the country’s new Integrated Resource Plan (IRP).
- He said the PCC would recommend that renewables be rolled out at a rate of 6 to 8 gigawatts per annum.
The PPC also made comments on the Just Energy Transition Investment Plan (JET-IP) where they will also make recommendations for this implementation plan.
Watch the full video of the briefing HERE
On 2 November 2021, the South African government announced an historic partnership with the governments of France, Germany, the United Kingdom and the United States, as well as the European Union, to support a just transition to a low carbon economy and a climate resilient society in South Africa.
In line with the Political Declaration to establish this partnership, partner countries have offered to mobilise an initial $8.5 billion (R132 billion) over the next three to five years through a range of instruments, including grants and concessional finance, to support the implementation of South Africa’s revised Nationally Determined Contribution.
Related news: Lobby groups bemoan a lack of transparency on the climate finance deal
Despite extensive lobbying, to date no deal has been reached. An announcement was expected to be made on the deal ahead of COP27 in November last year which would channel most of the funding to transmission infrastructure. It did not happen.
Related news: Do not underestimate the hard work and innovation required to achieve funding of JET-IP at scale
Author: Bryan Groenendaal
