the funding requirement for the build programme up to 2017. IRP approved that provides long term generation targets and mix. Approx 2 400MW of renewable energy IPPs selected as preferred bidders. Window two - 28 preferred bidders reached financial close and signed The Integrated Resource Plan Agreements 2.5 Long-term developed and in November energy mix adopted after 2012. Window diversification The Integrated thorough public one Projects to address the Resource Plan was consultation. are currently security of approved by The RE under energy supply Cabinet in March requirements construction and 2011 outlined to and should be requirements constitute 40% ready to for renewable of all future supply power investment till to the grid at 2030 least by 2016. By end-March 350 000 solar water heaters were installed; the rules for the Energy Conservation Scheme were completed after stakeholder engagement; the residential and industrial energy efficiency initiatives have reduced
the funding requirement for the build programme up to 2017. 2.5 Long-term energy mix diversification to address the security of energy supply and requirements for renewable The Integrated Resource Plan was approved by Cabinet in March 2011 The Integrated Resource Plan developed and adopted after thorough public consultation. The RE requirements outlined to constitute 40% of all future investment till 2030 IRP approved that provides long term generation targets and mix. Approx 2 400MW of renewable energy IPPs selected as preferred bidders. Window two - 28 preferred bidders reached financial close and signed Agreements in November 2012. Window one Projects are currently under construction and should be ready to supply power to the grid at least by 2016. By end-March 350 000 solar water heaters were installed; the rules for the Energy Conservation Scheme were completed after stakeholder engagement; the residential and industrial energy efficiency initiatives have reduced
Energy_Budget.docx