South Africa takes legal step to open power grid to competition

Amendments to act envisage creating a transmission system operator that will provide for an open market.
Image: Bloomberg

South Africa published proposed changes to the electricity regulation act that will facilitate the opening of the national power grid to private generators.

State-owned Eskom  has been the dominant supplier of power to Africa’s most industrialised economy for nearly a century, but its inability to meet demand from its poorly maintained coal-fired plants has resulted in rolling blackouts. Legal impediments to transmitting and trading electricity have limited production by independent producers, contributing to a supply shortfall of at least 4,000 megawatts.

Amendments to the electricity act published for public comment on Feb. 10 envisage the creation of a transmission system operator that will provide for “an open market that will allow for a non-discriminatory, competitive electricity-trading platform.”

The new entity must also implement network infrastructure plans that will ensure reliable grid services to generators and customers, according to the document.

The changes, which have been years in the making, will still need to be vetted by parliament before being signed into law.

© 2022 Bloomberg L.P.

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LOL – The real reason why Eksdom cannot meet supply in SA is not due to the powerplants etc !!!
It is solely due to ANC government meddling and total incompetence over the last 2 decades !!!!

So …. having resisted common sense for at least 8 years … now they decide to see the light? The incalculable damage done to this country … now they have a conscience? A never ending supply of incompetent CEO’s at each and every SOE, hundreds of suspensions … now they decide to approach the private sector, or what is left of it. What a collection of clowns they are.

End of comments.

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