FiT for South Africa

THE National Energy Regulator of South Africa (Nersa) will have the renewable energy feed-in tariffs ready by the end of February, a senior Nersa official said yesterday. According to Nersa, the certainty to be brought by the tariffs could induce long-term investment in the sector.

The government’s renewable energy white paper has set a target of 10000GWh renewable energy contribution to final energy consumption by 2013. According to Nersa that amounts to about 4% of projected electricity demand for 2013 (41539MW). Thembani Bukula, who oversees electricity regulation at Nersa, said the regulator would ensure that investors would get tariffs that would enable them to cover their costs “and still get reasonable margins”.

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