Trade, industry and competition minister Ebrahim Patel launched the Energy One Stop Shop and Energy Resilience Fund on Thursday, 27 July 2023.
This is part of the Energy Mitigation Strategy through the National Energy Crisis Committee.
President Cyril Ramaphosa had tasked Invest South Africa to establish an Energy One Stop Shop to deal with and fast-track applications from energy developers.
The Energy One Stop Shop is expected to input to the streamlining of regulatory processes required for private investment in electricity generation, facilitate pre-investment screening for all energy projects and thereby fast-track the approval of energy applications.
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This is part of the Energy Mitigation Strategy through the National Energy Crisis Committee.
President Cyril Ramaphosa had tasked Invest South Africa to establish an Energy One Stop Shop to deal with and fast-track applications from energy developers.
The Energy One Stop Shop is expected to input to the streamlining of regulatory processes required for private investment in electricity generation, facilitate pre-investment screening for all energy projects and thereby fast-track the approval of energy applications.
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This is to be achieved through timely intervention on blockages and red tape, and consequently reduce both the time and cost of getting energy projects onto the grid.
The requirement for predictable energy availability has led the Department of Trade, Industry and Competition (the dtic) to formulate a series of interventions, including alternative energy generation solutions, storage and efficiency measures aimed at supporting businesses to become energy resilient.
Speaking during the launch, minister Patel said the Energy One Stop Shop was developed to address a key constraint that energy developers face, namely that the many regulatory and other measures that need to be complied with, can and do slow down approval of energy supply projects.
“The Energy One Stop Shop and Energy Resilience Fund are critical steps towards alleviating the challenges faced by our industries during this energy crisis,” Patel said.
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