Eskom announced that it had signed lease agreements with four independent power producers (IPPs) for the commercial lease and use of land owned by the power utility in a bid to add new clean energy capacity to the national grid.
This is the first batch of lease agreements to be signed with private companies. It comprises land parcels around the Majuba and Tutuka power stations in Mpumalanga.
The land parcels chosen in Mpumalanga and other sites were thoroughly screened for useability, considering accessibility, areas above underground mines, future mining activities, the conservation of environmentally sensitive areas such as wetlands and heritage sites, and the sloping of the land. This follows after the power utility noted that IPPs appetite for land with grid connection was demonstrated by the fact that the bids were three times oversubscribed, indicating that further land parcels will receive favourable consideration.
“The fact that these land leases will attract an estimated investment of some R40 billion to areas traditionally associated with coal-fired electricity generation makes this a compelling proof point for the just energy transition to a lower carbon economy,” De Ruyter added.The next phase of land will focus on properties around the Kendal and Kusile power stations in Mpumalanga and the retired Ingagane Power Station in Newcastle, KwaZulu-Natal.
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