Minister of Electricity, Kgosientsho Ramokgopa, recently briefed South Africa on the progress of the Energy Action Plan and the challenges associated with its implementation. Minister Ramokgopa further remarked on the positive socio-economic impact that the Renewable Energy Independent Power Procurement Programme (REIPPPP) has had on the industry and economy. Over R300 billion has been attracted for infrastructure investment and over 120 independent power producers have been selected as preferred bidders. These success factors indicate great potential for an optimal energy mix, led by renewable energy sources, to be attained. They also highlight opportunities for more private-sector investment. For this potential to be fully maximised, programme design, programme management and market dynamics will be critical to factor in. This report assesses the abovementioned overarching categories and illustrates mechanisms that will be integral to facilitating increased private sector investment into grid-connected renewable energy generation. This will yield efficient management of REIPPPP and further enable improved economic growth and sustainable development.
Busisipho Siyobiis a public policy researcher with a focus on the intersection of mineral resource governance and climate change in Southern Africa. Her research focuses on advancing the integration of Environmental, Social, and Governance (ESG) factors and social performance within the extractive industries and shaping climate change response strategies that foster sustainability. She leads a programme team in developing and executing the research strategy on mineral resource governance and climate change. She works closely with civil society, industry, and international organisations in this capacity to promote good governance, transparency, and accountability to enable sustainable investment and development. Busisipho holds a Master of Philosophy in Public Policy from the University of Cape Town.
