Cabinet has approved the new Integrated Resource Plan for electricity, which is being referred to as ‘IRP 2025’.
Minister in the Presidency Khumbudzo Ntshavheni indicated that the plan outlined the mix of generation technologies required to balance supply and demand, while also considering environmental impacts and the cost of electricity.
“The final policy presented to Cabinet represents a R2.23-trillion investment that will define South Africa's energy mix for the future,” she said, without providing further details.
However, she indicated that Electricity and Energy Minister Dr Kgosientsho Ramokgopa would provide a briefing on the IRP 2025 on Sunday, October 19.
In addition, the full IRP 2025 would be published in the Government Gazette.
“[The plan] focuses on addressing immediate capacity constraints and planning for long-term goals, such as achieving a Net Zero electricity sector by 2050.
“The IRP 2025 is an improvement to the IRP 2023 that was approved by Cabinet,” Ntshavheni said.
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