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GRID AUCTIONS

GRID AUCTIONS: An office to manage auctions of independent transmission projects could be set up at a leading South African development finance institution. Bloomberg reports that the Development Bank of Southern Africa is aiming to establish the office to bring in private funding into the deployment for the grid so as to help connect renewable generation to a network that needs to be expanded urgently to meet demand. Photograph: Bloomberg

Photo by Bloomberg

7th June 2024

     

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An office to manage auctions of independent transmission projects could be set up at a leading South African development finance institution. Bloomberg reports that the Development Bank of Southern Africa is aiming to establish the office to bring in private funding into the deployment for the grid so as to help connect renewable generation to a network that needs to be expanded urgently to meet demand. Photograph: Bloomberg

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