Reprieve for Independent Power Producers?

The Electricity Control Board (ECB) will hold a workshop next week on Renewable Energy Feed-in Tariffs (REFIT) aimed at addressing barriers to entry into the energy market faced by independent power producers from renewable energy sources.

Speaking at a renewable energy seminar hosted in the capital earlier this week by the Southern African German Chamber of Commerce and Industry, an official from the energy regulator told delegates that the ECB will convene a workshop that will look at some of the recommendations that the ECB want Government to consider in order to encourage investment in the renewable energy sector.
Francois Robinson manager: regulatory support services at ECB said after the initial resistance to provide Independent Power Producers (IPPs) with guarantees against risks such as regulatory, political, change in law, foreign currency etc, government has had a change of heart and has now agreed to look at these risks to determine how best it can be mitigated and/or supported.