CSP rollout - erc - University of Cape Town
CSP rollout - erc - University of Cape Town
CSP rollout - erc - University of Cape Town
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20102013201620192022202520282031203420372040204320462049Incremental cost <strong>of</strong> REFIT towards large-scale CSp <strong>rollout</strong>(2008 R billions per year)REFIT as a driver for <strong>CSP</strong> <strong>rollout</strong>• R2.10/kWh• Reviewed periodically180160• We assume its existence till2030 when <strong>CSP</strong> competitiveto coal• Also assume electricitygeneration cost to rise by 20%for next 3 years and 2%thereafter• Cumulative cost withdiminishing REFIT tariff: 5%,10% and 15% annually140120100806040200REFIT2.1REFIT2.1(5%)REFIT2.1(10%)REFIT2.1(15%)15 ERC