RISK MITIGATION
IPP PROGRAMME
IPP PROGRAMME
RISK MITIGATION IPP PROCUREMENT PROGRAMME (RMIPPPP) OVERVIEW
The DMRE launched the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP)
on the 23rd of august 2020. The objective of the RMIPPPP is to fill the current short-term
supply gap, alleviate the current electricity supply constraints and reduce the extensive
utilisation of diesel-based peaking electrical generators.
RISK MITIGATION IPP PROCUREMENT PROGRAMME (RMIPPPP) OVERVIEW
In response to the Risk Mitigation determination, the 2 000 mw of new generation/supply capacity
will be procured from a range of energy technologies and are based on the following criteria:
- It will be technology agnostic;
- Based on the plant-performance needs of the electricity system operator;
- It will procure dispatchable flexible generation that should be able to provide energy, capacity and ancillary services;
- Should be able to operate between 5h00 to 21h30;
- It must have an AGC load following ability, flexible capacity factor and must be “scalable” with changing capacity requirements; and
- Bidder could bid in a portfolio manner with the objective of combining a range of technologies that will meet the system operator demands, but also, through the use of a cost optimal approach, combine technologies to reduce the average bid tariff and ultimately the cost of electricity to the end consumer.
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