The Electricity Regulations Amendment Bill takes South Africa closer to a liberalised electricity market, experts say.
welcomed the Electricity Regulations Amendment Bill, which aims to liberalise South Africa’s electricity generation and distribution markets by making room for more private sector participation in the sector.
“What we can’t see is what the government is trying to solve through this amendment bill. It seems that they are trying to do all of those things and it’s a lot to achieve in one amendment.” “Direct privatisation would lead to the optimisation of power stations. And, if Eskom sold off its generation units, it would have the money to invest into expanding transmission capacity.”
Under the bill, buyers and sellers can negotiate day-ahead and even hour-ahead power purchasing agreements
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