Power competition starts as first trading licences awarded
NERSA has recently awarded one of the first electricity trading licences, allowing a private company to sell energy directly to customers, which will help foster a more efficient power market by offering offtake solutions to IPPs, competitive tariffs to customers, and sustainable energy supply to municipalities. The raising of the threshold for embedded power generation from 1MW to 100MW in Aug 2021 is also a crucial step to allow companies in energy-intensive sectors like mining to launch their own power projects and reduce their reliance on unreliable Eskom.