Cabinet has approved South Africa’s updated Integrated Resource Plan (IRP), setting out the country’s future electricity generation mix and investment priorities. The decision was announced by Minister in the Presidency Khumbudzo Ntshavheni during a post-Cabinet briefing this week. The plan is expected to be gazetted as IRP 2025.
According to Cabinet, the updated IRP “provides a comprehensive framework for planning South Africa’s future electricity generation mix and ensuring secure, reliable and affordable supply”. It is expected to unlock over R2,23 trillion in investment.
The new plan will replace the 2019 IRP and is based on updated assumptions on electricity demand growth, generation technology costs, grid constraints and Eskom’s operational performance.
Minister Kgosientsho Ramokgopa is scheduled to brief the public on the details of the new IRP on October 19 when the Department of Electricity and Energy is expected to outline the key policy decisions and implementation pathways in the final document.
