On Friday, the National Energy Regulator of SA said it approved a licence for the National Transmission Company of South Africa to operate the national power grid. This was after a public hearing in April, where all the presenters that made oral presentations supported the application for the licence.
"This is a milestone decision by the energy regulator and will immensely contribute in Eskom’s unbundling trajectory," Nersa chair Thembani Bukula said in a statement. The roadmap for Eskom published by Minister of Public Enterprises Pravin Gordhan in 2019 proposes the splitting up of Eskom into three units: generation, transmission and distribution. The restructuring is essential to creating a competitive electricity market in SA, where multiple producers sell power to a single state-owned grid company.
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Business Talk – Where South Africa’s top executives share the latest insightsBusiness Talk is South Africa’s premier business video podcast and boasts a large audience of key business decision-makers.
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