The South African Renewable Energy Independent Power Producer Procurement Programme: A Review and Lessons Learned
| Autor: | Raine Naude, Anton Eberhard |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2016 |
| Předmět: |
Renewable energy
General Computer Science 020209 energy Independent Power Producers 02 engineering and technology independent power producers competitive tender South Africa Documentation Procurement 0202 electrical engineering electronic engineering information engineering Economics lcsh:TJ163.26-163.5 Emerging markets lcsh:Environmental sciences Finance lcsh:GE1-350 Call for bids business.industry Competitive tender Private sector Investment (macroeconomics) renewable energy Independent Power Producer General Energy Economy lcsh:Energy conservation business |
| Zdroj: | Journal of Energy in Southern Africa, Vol 27, Iss 4, Pp 1-14 (2016) Journal of Energy in Southern Africa, Volume: 27, Issue: 4, Pages: 1-14, Published: NOV 2016 |
| ISSN: | 2413-3051 |
| Popis: | The South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) is a competitive tender process that was launched to facilitate private sector investment into grid-connected renewable energy (RE) generation. It has been an undisputed success in terms of capacity, investment and price outcomes. Since 2011 a total of 6,328 Megawatts of wind, solar PV and other RE generation capacity has been procured, amounting to USD 20.5 billion in investment. Bid tariffs have fallen sharply over the course of the programme and the most recently awarded projects are amongst the lowest priced grid-connected RE projects in the world. Considering South Africa's success in achieving more investment via Independent Power Producers (IPPs) in 4 years than in the rest of Sub-Saharan Africa over the past 25, the REIPPPP's design and management is likely to be of interest to policymakers in African (and other developing) countries. This paper thus provides a comprehensive review of the programme’s tender documentation, implementation, and outcomes to date. Together with supporting research, this analysis has been used to develop a set of high-level lessons intended to facilitate the roll out of similar RE IPP competitive tender programmes in other emerging markets. |
| Databáze: | OpenAIRE |
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