Report labels unbundling of Eskom as ‘most important economic reform since 1994′

A new report commissioned by the South African Energy Traders Association (SAETA) identifies the unbundling of Eskom Holdings as the most important economic reform since 1994, arguing that a new competitive electricity sector construct is required to attract the capital needed to deliver security of supply and affordability. Titled ‘Policy to power: 10 actions to deliver green, accessible and secure electricity’ the SAETA report has been produced by research and consulting firm Krutham. SAETA itself represents electricity traders and its members include Africa GreenCo, Apollo, Discovery Green, Enpower Trading, Envusa, Etana, EXSA, Investec, Lyra Energy, Mainstream, NOA, POWERX and Sturdee Energy.
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Blu Label subsidiary granted energy trading licence

Renewable energy company BluEnergy Trading – a subsidiary of JSE-listed Blu Label Unlimited – has been granted a multi-year energy trading licence by the National Energy Regulator of South Africa. BluEnergy will focus on aggressively building out its project pipeline, operationalising trading activities in line with its mandate to support South Africa’s transition to a more resilient, decentralised and sustainable power system.
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