South Africa’s first wind farms have started to export green electricity into the grid during the final commisioning phase before reaching full commercial operation. It is now abundantly clear that the REIPPPP procurement process has been a resounding success. The wind farms are being built on time and on budget and they carry no risk to the ratepayer of cost over runs or delays – these risks are shouldered by the Independent Power Producer. There are twenty year Power Purchase Agreements in place and the costs continue to decrease further below the cost of new conventional energy. Moreover, the extra capacity comes as a huge relief to a severely stressed electricity supply system. And there is the further benefit of significant rural upliftment, job creation, and socio-economic development to be delivered from the programme as operating revenues begin to flow.
Read more... WIND POWER SUCCESS – AN ISLAND IN STORMY SEAS