Jan

Who's the Boss?
Staff member
Joined
May 24, 2010
Messages
5,759
South Africa's emergency power plans in disarray

Following the announcement on 18 March 2021 of preferred bidders for 2000 MW of new emergency generation capacity in South Africa, the “non-negotiable” timelines for both financial closure by the end of July 2021 and power to the grid by mid to end 2022 are looking increasingly unlikely.

In addition, the local content designated by the Department of Trade, Industry and Competition (DTIC) for plant and components procured under this Risk Mitigation Independent Power Producer Procurement (RMIPPP) programme is proving to be significantly unrealistic.

1,220MW, or 61% of the 2,000MW of dispatchable generation capacity procured under the RMIPPP programme, is to come from three floating power plants (powerships) and floating storage and regasification units (FSRUs), all leased from Turkish company Karpowership, and moored in South African harbours for 20 years.
 

Lupus

Honorary Master
Joined
Apr 25, 2006
Messages
35,788
Like we didn't see this coming, they banked too much on the powerships.
 
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