Speaking at the public hearings into the IRP2010 on Friday, Adam noted that the success of the country's electricity plan lay in the implementation. The Department of Energy (DoE) has referred to an ongoing review of the IRP2010, and Adam said that Eskom supported that, but suggested that it be done in a predictable clear process, that all stakeholders were aware of.
In raising the concerns of the electricity utility with regard to the IRP 2010, Adam also stated that the price path trajectory for nuclear "may be understated", and the rate of return expected for independent power producers (IPPs) may not be as much as the 12,5% alluded to in the IRP 2010. He added that regional options for power generation should be reviewed and brought on sooner than articulated in the IRP2010. Adam noted that opportunities represented by the Southern African Power Pool were limited. To unlock power in the region, investors were looking for bankable projects in Southern Africa, and if this did not happen sooner than the dates stated in the IRP 2010, opportunities could be missed.
