SA power market too large for only one player-CIC

Friday, September 17, 2010

There was no question that there was ample room and need for independent power producers (IPPs) and cogenerators in South Africa, as the power market was way too large to be served by only one player, Norconsulting and CIC Energy representative Tore Horvei said on Tuesday.

He told delegates at the Cogeneration World Africa 2010 conference that a country and its economy could be at risk by relying on only one large electricity supplier.

Horvei noted that the latest capital costs for both Eskom's new Medupi and Kusile coal-fired power stations had likely been underestimated.

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SA power market too large for only one player-CIC

There was no question that there was ample room and need for independent power producers (IPPs) and cogenerators in South Africa, as the power market was way too large to be served by only one player, Norconsulting and CIC Energy representative Tore Horvei said on Tuesday.

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