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Energy experts have given thumbs up to President Cyril Ramaphosa’s announcement that Eskom will now be able to buy additional energy from Independent Power Producers.

Image: ReutersEnergy experts have given thumbs up to President Cyril

. They say for the first time in 13 years, a proper diagnosis has been done and that there has never been an integrated plan to address the energy issues the country is facing. President Cyril Ramaphosa announced last night that regulation will be reviewed to fast track the new energy generation projects.Analysts are optimistic that the integrated approach by government will look at both short term and long-term plans of generating more energy capacity.

“The market is very much ready if you look at the buying of additional power from IPPs, they have additional power that they cannot feed into the grid,” says Professor Sampson Mamphweli, Energy Expert.

 

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