New Power Bill Could Be a Game-Changer for SA

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Give yourself a mid-year boost and check-in to make the most…Is TypeWhizz Real Or Another Online Scam? Let’s InvestigateThe SOLA Group sees great promise in the new TSO bill, but says that South Africans must hold government to its promises.

A recently cemented partnership with Eskom now enables the company to sell power from generators in the interior of the country to businesses on the east and west coasts. By using this service, these clients become active participants in solving loadshedding. “They believe, as we do, that South Africa’s future lies with a robust electricity grid, that connects the best of the public and private sectors, to deliver reliable, low cost, and sustainable energy,” Skeen continues.

“The Electricity Regulation Amendment Bill aims to provide for additional electricity generation capacity and infrastructure, establish the duties, powers, and functions of the Transmission System Operator SOC Ltd, and provide for an open-market platform that allows for competitive electricity trading, among others.“Apart from its firm commitment to break from a single and centralised power source,” says Skeen, “the bill also allows for a deliniation between generation and distribution.

SOLA have taken a proactive stance, in the meantime, by building a large solar wheeling plant . They’ve left part of the project’s energy unallocated and available, however, in order to have the capacity to bring flexible, less onerous contracts to businesses that don’t have easy access to ‘wheeled’ power, or the economies of scale of their fleet of large generators.

 

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