The organisation whose initial analysis indicated that reforming Schedule 2 of the Electricity Regulation Act to exempt embedded generation projects of at least 50 MW in size from the country’s cumbersome licencing process could unlock 5 000 MW of new capacity within five years has made its formal submission on a draft amendment to the legislation. In the submission, Meridian Economics warns that South Africa’s electricity crisis is worsening and that the immediate capacity shortfall of between 4 000 and 8 000 MW is hindering South Africa’s economic recovery.
