Electricity market development - The transition to a multi-market model in Southern Africa
Channel: EE Publishers
Date: 2023-10-27

With the legal separation of Eskom’s generation, transmission, and distribution businesses, and the high growth of private sector participation in the Southern African electricity supply industry through IPPs and traders, an informal competitive electricity market has already begun to emerge. 

Bilateral IPP-to-customer wheeling agreements, over-the-counter (OTC) electricity trading, and trading in one-to-one, one-to-many, many-to-one and many-to-many arrangements are taking shape. As the processing time of trading licenses by NERSA reduces, this trend will continue, subject only to the technical challenges of gaining access to the grid. 

As the volumes of wheeling-based energy continue to increase and become more significant in Eskom’s overall generation mix, further changes are likely to be necessary. The Electricity Regulation Amendment (ERA) Bill allows for the establishment of a multi-market model, giving IPPs access to a competitive generation market, as this is introduced.

This webinar focusses on the urgency and implications of the transition to a multi-market model to serve the changing needs of the electricity supply industry in the Southern African region.