Standard Bank’s take on IRP2010

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IRP 2010 (“IRP”) is welcomed and a material step forward in transparency
 Demand side assumptions
– IRP is based on the assumption of 35% demand reduction off baseline by 2030 – realistic?
– Reduction in electricity intensity of GDP assumption appears ambitious given national mineral
beneficiation target, IPAP and deeper mining
– Various DSM programmes in place – will they meet targets, especially over medium term,
noting underlying SA economy, IPAP etc…………..

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