South Africa - 06

South Africa: Political Interference: Impact on the IRP

Last week Minister of Energy Tina Joemat-Pettersson released the long-awaited update to the IRP. Much has been made of the fact that the IRP’s base case proposes delaying additional nuclear power to 2037. This is a positive development in that it represents a pushback against those driving the nuclear procurement, particularly as it comes within weeks of a possible credit rating downgrade. However, in our view…

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