Cabinet approves bill to open up electricity market | Business

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Cabinet approves bill to open up electricity market | Business
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South Africa’s cabinet approved a bill on electricity regulation designed to clear the path for private generation projects and power trading. | News24_Business

Eskom has become an unprofitable utility, despite its monopoly, and is moving ahead with a plan to separate the business into generation, transmission and distribution units.

The bill will strengthen the role of the National Energy Regulator of South Africa and allow measures to create a transmission system operator that includes the"provision of an electricity trading platform on a multi-market basis, and provide access to the transmission network on a non-discriminatory basis", Ntshavheni said in a statement. In times of uncertainty you need journalism you can trust.

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_Business Well done.

_Business About 15 years too late...

_Business Bye bye Eskom…MYANC will now move to new feeding trough

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Government approves new laws to open up South Africa’s electricity marketGovernment approves new laws to open up South Africa’s electricity marketGovernment approves new laws to open up South Africa's electricity market Mnguni_Don Kuzosala igama elithi REPUBLIC OF SOUTH AFRICA kphela🤞🤣🤣🤣
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