Cape Chamber of Commerce skeptical about future energy plans - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 10/22/2019 9:02 PM
📰 SABC News Online

⏱ Reading Time:
11 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Cape Chamber of Commerce skeptical about future energy plans The Cape Chamber of Commerce and Industry says government’s Integrated Resource Plan (IRP) will not encourage investment or economic growth.

The Cape Chamber of Commerce and Industry saysChamber President, Geoff Jacobs, says it fails to provide future energy security.Jacobs says the plan places limits on renewable energy and favours more expensive new coal electricity plants.

He says the IRP does not provide for more gas electricity stations that were the ideal support for variable renewable energy.This entry was posted on 22 Oct 2019,07:18PM at 7:18 PM and is filed under

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines