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Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
This support will take the form of various financial instruments, including grants and concessional loans. This funding will be mobilised over the next three to five years, with a view to longer-term engagement. https://t.co/UAzksHSRx4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
In terms of the Political Declaration, the US, UK, Germany, France and the EU have offered an initial amount US$ 8.5 billion – which is equivalent to around R131 billion – to support South Africa’s just transition efforts. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The Political Declaration announced at #COP26 in Glasgow gives effect to some of these obligations, both our own obligations and those of developed economies. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The same Paris Agreement places an obligation on developed economies that are responsible for some 76% of historical emissions, to provide support to developing economies to adapt to the effects of climate change and transition to a lower-carbon future. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Climate change is an existential crisis. As a country, we are a signatory to the Paris Agreement to Combat Climate Change and as such have obligations to contribute our fair share to reducing greenhouse gas emissions. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
We are making significant progress in implementing the roadmap, and are determined to persevere – regardless of the difficulties and obstacles – until we have achieved energy security in this country. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
There are no easy solutions to load shedding. However, we have developed a roadmap towards a revitalised Eskom within a transformed energy industry. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
These include the management of Eskom’s debt, overcoming the skills deficit, improving municipal revenue collection, improving Eskom’s maintenance capabilities, addressing procurement challenges and rooting out all forms of corruption and criminality. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
While we can anticipate that substantial new generation capacity will come onto the grid in the near future, there are still many challenges that we need to address to secure a stable and reliable supply of energy. https://t.co/ygEv58rIn3 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
From the renewable energy Bid Window 4 projects, 1,600 MW had been connected to the grid as at the end of June 2021 and over 400 MW is to be connected by the end of the year. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
We have revitalised the Renewable Energy Independent Power Producer Procurement Programme, with 25 preferred bidders announced in the 5th round of the programme. Together they are expected to produce around 2,600 MW of wind & solar photovoltaic electricity https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Eight preferred bidders have been appointed for the 2,000 MW Risk Mitigation IPP Procurement Programme. These are for projects that can deliver electricity into the grid within 3 to 12 months from approval. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
This will allow for more private sector investment in electricity generation capacity without any public funding and will reduce the risk of load shedding. — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
We have amended Schedule 2 of the Electricity Regulation Act to exempt embedded generation projects up to 100MW from having to apply for a license. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
This reform will have a significant positive impact on economci growth, and will improve the reliability and efficiency of our electricity supply. Over the last year, we have put in place several additional measures to address energy constraints. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
This will also remove the risk of relying on one entity that has the sole monopoly on power generation. — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Some of our municipalities are already getting ready to take advantage of what flows from this transformation and have declared the clear intention to generate power for their residents. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The restructuring of Eskom will transform the sector, and will enable greater competition and investment in new generation capacity. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The Electricity Regulation Act and Electricity Pricing Policy is being amended to reflect the new structure of the electricity industry. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The legal separation of the transmission entity is planned for 31 December 2021 and legal separation of generation and distribution is scheduled for December 2022. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
As part of Eskom’s Roadmap, Eskom is currenty being restructured into three subsidiaries for transmission, generation and distribution. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
As Eskom has been implementing a generation recovery plan to improve the availability of generating capacity & minimise the risk of load shedding, we have been undertaking measures to fundamentally change the trajectory of energy generation in our country. https://t.co/UAzksHSRx4 — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Eskom has to undertake the fundamental maintenance that is necessary to improve the reliability of our electricity supply. As it continues with maintenance, load-shedding will remain a possibility for the immediate future. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
At its core, load-shedding is the inevitable consequence of the age of many of Eskom’s power plants and its inability over many years – due to debt, lack of capacity and state capture – to service its power plants. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Load shedding is always the last resort where demand for electricity is greater than what can be produced. It is necessary to prevent the collapse of the power grid and a complete blackout. https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Honourable Members, The recent load shedding – which has disrupted daily life for millions of South Africans and caused great damage to our economy – is a stark reminder of the severe and intractable challenges in our electricity system #RamaphosaQandA https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Responding to Questions in the National Assembly #RamaphosaQandA https://t.co/UAzksHBgFw — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
As leading economies in our regions, we must do more to promote intra-Africa trade and investment. We can start by substantially increasing trade between our two countries and expanding investment and business opportunities. https://t.co/NMJ3DFpq8L — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The COVID-19 pandemic has forced us to reimagine our economies and the future of our generations in ways that we have not done before. It has forced us to dream and take risks and not be complacent in the management of our economies. https://t.co/NMJ3DFpq8L — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
I wish to thank the Kenyan business delegation which participated in the Business Forum today and I am most pleased with the report on the outcomes of the deliberations. https://t.co/4XLBcpoF2A — PolitiTweet.org
