2 weeks Ago
The National Transmission Company South Africa (NTCSA) has set aside R112 billion for the Transmission Development Programme (TPD), allowing nearly 30,000MW of utility-scale renewable generation to be online within the next five years. Speaking at the NTCSA's official launch on Monday, 7 October 2024, chair Priscillah Mabelane said the company recognises that collaboration with the private sector is critical to ensuring that the 53,000MW required over the next decade will come online. "Despite being a newly formed entity, the NTCSA has already made substantial progress in implementing its strategy," said Mabelane.
"We have approved R112 billion for TDP investment in the next five years." The TDP requires an R390-billion expansion of the national transmission grid over the next 10 years to allow for independent power producer (IPP) plants and new generation capacity to send the electricity they generate to other parts of the country. In an NTCSA statement announcing the launch, the entity said it must accelerate the construction of new transmission development infrastructure to execute the TDP at the required scale and pace.
"It is anticipated that in the next five years, there will be 30GW of utility-scale renewables connected to the grid by the end of 2029," it said. "A step change will be required to..
. Myles Illidge.
