Zuma calls for PPAs to be signed
Issue 340
- 16 Feb 2017
| 3 minute read
In his State of the Nation address in Cape Town on 9 February, President Jacob Zuma unexpectedly announced that all power purchase agreements (PPAs) awarded to independent power producers (IPPs) would be signed. Eskom has been refusing to sign new PPAs with renewable energy IPPs since mid-2016, arguing that the power was no longer needed and that additional capacity would only increase tariffs for the consumer.“Eskom will sign the outstanding PPAs for renewable energy in line with the procured rounds,” Zuma said.
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