| Leading Actor(s) |
South Africa / 1) National Electricity Regulator, 2) Department of Science and Technology |
| Participating Actor(s) |
1) Energy utilities, Central Energy Fund, other energy stakeholders and the donor community
2) research bodies |
| Main objective(s) |
1) Development of renewable energy markets in South Africa
2) To boost the scientific capacity in South Africa |
| Contents |
1) Regulatory Framework for Renewable Energy - To ensure the integrity and fundamentals of renewable energy market development by facilitating market access, fair return on investment, quality of supply, concessions / subsidies and their compliance, technical and customer standards, monitoring and evaluation, dispute management, etc.
- To explore non-traditional funding mechanisms like Grid Feed-in Tariff, Renewable Energy Obligation, Renewable Energy Certificates and partnerships with banking institutions and other agencies to attract private financing for renewable energy development.
2) Research and Development on Renewable Energy - New programmes were initiated to support the objectives of the White paper on Renewable Energy
|
| Expected results |
1) Regulatory instruments and funding to ensure the target beyond the government's cumulative target of 10 000 GWh
2) New materials and new and improved technologies to access renewable energy. |
| Target area / place |
South Africa |
| Arrangement(s) for financing |
1) Donor support for study tours / training / capacity building in countries with advanced renewable energy regulatory framework is proposed.
2) Department of Science and Technology through the Innovation Fund and donor funding Monitoring process and |
| Monitoring process and time frame |
1) Workshop to draft regulatory framework with stakeholders in Sept. time frame 2005. Final regulatory framework and stakeholder comments in Nov. 2005; Annual monitoring of the regulatory framework from Nov. 2006 and every year
2) Projects will be funded in a three-year cycle and monitored through the Innovation Fund Renewable Energy R&D. |