Ramokgopa Unveils Massive R2.2 Trillion Energy Pivot
Electricity and Energy Minister Kgosientsho Ramokgopa has announced South Africa’s new Integrated Resource Plan (IRP), detailing a major shift in the country’s power generation:
- Massive Investment: The plan calls for over 105,000 MW of new generation capacity by 2039, requiring R2.2 trillion in total investment.
- The Big Pivot: There will be a dramatic ramp-up in generation from gas and nuclear over the next 15 years.
- Nuclear Revival: The long-shelved Pebble Bed Modular Reactor (PBMR) project will be revived to boost nuclear capacity.
- Gas Ambition: Ambitious gas targets are set, despite the current supply crisis and risks acknowledged by the Minister.
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