Eskom will ‘fully support task team’ to deliver independent TSO

Eskom says it will fully support the task team being created to deliver the fully independent State-owned Transmission System Operator (TSO) that will have ownership and control of transmission assets and be responsible for operating the electricity market. Eskom made the statement in response to a directive in relation to the transfer of assets to the TSO made by President Cyril Ramaphosa in his State of the Nation Address (SoNA) on February 12.
/by

KAHRE plans $50bn to $150bn net-zero industrial corridor in South Africa

Renewable energy company KAHRE Renewable Energy Group has announced plans for South Africa’s first fully integrated net-zero industrial corridor, linking large-scale renewable energy generation in the Northern Cape with green industrial processing, logistics and export infrastructure in the Western Cape. The corridor is designed to attract between $50-billion and $150-billion in long-term investment and to position South Africa as a globally competitive location for green hydrogen and derivative industries, including ammonia, e-methanol and sustainable aviation fuels.
/by

Upcoming launch of electricity market seen as key step towards competition

Various organisations in the electricity sector are anticipating the start of the South African Wholesale Electricity Market (SAWEM) this year as a step towards phasing in a liberalised market, in which various participants will provide services – from generation, transmission, distribution, aggregation and sales to balancing and peaking services. The objective is “to move from a sector in reform to a sector that is reformed, functional and thriving”, according to law firm TGR Attorneys director Masedi Tlhong.
/by