While DMRE provides the man- power the Minister of Mineral Resources and Energy to date for the IPP Office, which manages the entirety of develop and publish the IRP. [...] The essence of the JETP is that the partner countries pledged financial support to South Africa, predominantly in the form of financial loans at below-market rates, of up to USD 8.5 billion to support the just energy transition, and specifically the transitional impacts of closure of South Africa’s oldest coal power plants. [...] The following year, the Presidency of South Africa published the first Just Energy Transition Investment Plan (JET-IP), with the primary purpose of giving effect to the objectives of the JETP8. [...] Institutions & governance Q2: Are there institutional bodies tasked with the implementation of the policy instrument and its laws and regulations? Yes DMRE is the custodian of the Integrated Resource Plan, and the Minister makes determinations for new build capacity in line with the regulations as described above. [...] Prior to the recent reforms to the electricity market, including amendments to the electricity regulation act as discussed in the main text, the process for implementation of the IRP was not always clear and credible, and on occasion implementation was hindered by other factors that lay outside of the IRP process.
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