Electricity reforms to spur ‘boom in private fixed investment’

Minister in the Presidency Mondli Gungubele says the reforms under way in the electricity sector – including the removal of the 100 MW licensing threshold for distributed generation projects and the expedited procurement of new capacity from renewables, gas and battery storage – will “supercharge our efforts to modernise and transform the electricity sector”. “Most importantly, these changes will create the conditions for a boom in private fixed investment in the coming years, which will lift our economic growth overall,” Gungubele said during the release of Operation Vulindlela’s latest progress update.