· Contrary to the downturn in the economy, there is an appetite
among financiers to invest in South Africa’s energy sector, of course
with a couple of caveats
· The government was called upon to create an enabling
environment, so that projects undertaken in terms of the IRP can be
competitive and bankable
Contrary to the downturn in the economy, there is an appetite among
financiers to invest in South Africa’s energy sector, of course with a
couple of caveats. Foremost is that they want to be sure whether the
scale of the project makes commercial sense and secondly, they want to
be doubly assured of the price point: it must be viable.
These were some of the upshots of a discussion at Africa Energy Indaba
being held in Cape Town. The panel discussion was about SA’s
Integrated Resource Plan (IRP) 2019, the energy blueprint, which was
notified in October last year and updates the country’s energy
forecast up to 2030. The potential investors also noted that for any
project, the price point was a key factor in determining viability.
The government was called upon to create an enabling environment, so
that projects undertaken in terms of the IRP can be competitive and
bankable.
