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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa: ICC Arrest Warrant for Vladimir Putin - a King-Size Dilemma for South AfricaAnalysis - The International Criminal Court (ICC) has issued an international arrest warrant for Russian president Vladimir Putin for alleged war crimes regarding the unlawful deportation of children from Ukraine to Russia. Such acts are war crimes under two articles of the Rome Statute, which established the court.
Read more »
South Africa: 10 Cases of Cholera Confirmed in Gauteng - South African News Briefs - March 30, 2023
Read more »
WATCH: Will SA’s courts issue Putin arrest warrant?Business Day TV speaks to Tauriq Moosa, legal reporter of Business Day
Read more »
WATCH: Expectations for SA Reserve Bank’s MPC meetingBusiness Day TV spoke to Hilary Joffe, editor-at-large for Business Day
Read more »
Government approves new laws to open up South Africa’s electricity marketGovernment approves new laws to open up South Africa's electricity market
Read more »