Business and Technology

IEA: Embedded generation could help alleviate energy crisis in SA

IEA: Embedded generation could help alleviate energy crisis in SA. Embedded generation could help alleviate the ongoing energy crisis in South Africa in the short-term, according to a new report by international energy experts.

The International Energy Agency (IEA) on Friday said that the new policy might help address capacity issues in the short term as licensing obligations for embedded generation have been relaxed.

In August last year, Mineral Resources and Energy Minister Gwede Mantashe gazetted rules allowing licence exemptions for the generation and operation of 100MW of power.

This means that the licence threshold has been lifted from 1MW to 100MW, which would allow private companies to build their own generation facilities.

The IEA said this policy would ease the strain on the grid as demand for electricity was picking up on reopening of the economy.

In other news – Cassper Nyovest reacts to claims his net worth is R273 million

Cassper Nyovest reacts after it was reported that his net worth is R273 million. Some persons found it untrue, and he reacted to the information with a positive attitude.

Cassper Nyovest

In response, the rap star says he hopes it’s true, and fans took his response for a yes…Learn More.