Presentation on the IRP & IEP. FFF Council Meeting - 23 rd September 2014 Ronald Chauke. Content. Legislative landscape Integrated Energy Planning Contextual Background National Development Plan Policy Decisions IRP RBS Allocations Modelling 2003 IEP vs 2012 IEP Gas Benchmarks
FFF Council Meeting - 23rd September 2014
(a) determine that new generation capacity is needed to ensure the continued uninterrupted supply of electricity;
(e) require that new generation capacity must-
(i) be established through a tendering procedure which is fair, equitable, transparent, competitive and cost-effective;
(ii)provide for private sector participation.
The objectives of these regulations include the regulation of entry by a buyer and an independent power producer (IPP) into a power purchase agreement (PPA); the facilitation of fair treatment and the non-discrimination between IPP generators and the buyer
The 2003 IEP used a discount rate of 10%. However, the IRP2010 uses discount rate of 8.14% while draft 2012 IEP applies an 11.3% discount rate for all technologies in the planning horizon.
The moderate growth rate used in the IEP 2012 is 4%, while the growth rate in the updated electricity demand forecast for IRP2010 is 6%. The electricity demand forecasts in the IRP and IEP should be aligned