Part 1 Revenue Application: Multi-Year Price Determination ... - Eskom
Part 1 Revenue Application: Multi-Year Price Determination ... - Eskom
Part 1 Revenue Application: Multi-Year Price Determination ... - Eskom
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Overview of <strong>Multi</strong>-<strong>Year</strong> <strong>Price</strong> <strong>Determination</strong><br />
2013/14–2017/18 (MYPD 3)<br />
Page 121 of 144<br />
Note that over the MYPD3 period, there is a marginal impact on the financial results as<br />
shown above. The difference between the 100% and 65% can be seen in the capital<br />
expenditure and funding.<br />
The need for an integrated funding approach<br />
Regardless of how the IRP 2010 projects are eventually allocated, a nationwide integrated<br />
funding approach will be required to define:<br />
<strong>Price</strong> trajectory: Without a sensible price trajectory the country‟s funding requirements<br />
may outstrip the pool of available funds.<br />
Localisation: (Funding from the local markets) to indicate which types of funding will<br />
be limited or precluded.<br />
Technology and/or equity partners: To define potential sources of third-party equity.<br />
Potential future structural changes: To the industry to use flexible funding structures<br />
such as joint ventures and public-private partnerships.