NTCSA aiming to launch electricity market platform on April 1

The National Transmission Company South Africa (NTCSA) has indicated that it is aiming to have the initial phase of the South African Wholesale Electricity Market, also referred to as the SAWEM, operating by April 1 next year, should it have received regulatory approval to do so. In a presentation to the Portfolio Committee on Electricity and Energy, NTCSA’s Andrew Etzinger reported that it had applied to the National Energy Regulator of South Africa (Nersa) for a Market Operator licence.
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Schneider Electric launches its first Innovation Hub in Africa

Energy and automation company Schneider Electric launched its first Innovation Hub in Africa at its new head office in Midrand, Gauteng. The Innovation Hub now forms part of Schneider Electric’s global network of over 40 registered Innovation Hubs and brings to life the company’s vision of sustainability and digitalisation for customers, partners and stakeholders across the continent.
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Africa Energy sees first output from South Africa’s largest gasfield by 2033

Canada-listed Africa Energy Corp is aiming to start production from South Africa’s largest gas discovery by 2033, its CEO said on Tuesday, as it forges ahead with a project former operator TotalEnergies walked away from. The company is awaiting regulatory approval for a reworked environmental authorisation to survey Block 11B/12B off South Africa’s southern coast.
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