CSP set to grow in South Africa

February 12th, 2014, Published in Articles: Energize

 

Concentrated Solar Power (CSP) stands to increase substantially – up to 3300 MW – at the expense of wind capacity, with new proposed changes to the Integrated Resource Plan (IRP). The South African CSP market could become 1,5 times bigger than the current largest market, Spain. The Department of Energy called for public comment on an updated version of the IRP and the responses to it are expected to be used to inform the government, which will decide the future allocation of South Africa’s energy mix in March. Ben Martins, the minister of energy, said recently that the preferred bidders in the last round will contribute approximately R4,4-billion to socioeconomic development in the country. Official decision makers from the Department of Energy, the National Treasury and the Department of Trade and Industry will comment on the new allocations, and resultant new business opportunities for local and international companies, at CSP Today South Africa 2014, which is to be held in Cape Town on 8 to 9 April.

Contact Brandon Paramo, CSP Today, brandon@csptoday.com

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