Eskom mulls legal options as Energy Regulator rejects MYPD5 application

The Energy Regulator has voted to reject Eskom’s fifth multiyear price determination (MYPD5) application for the three financial years from 2022/23 to 2024/25 and will now request the utility to make a new submission under a new methodology, which is yet to be finalised. The State-owned utility told Engineering News & Mining Weekly that it was “considering the options available to it in terms of the law” following the decision and stressed that it was committed to ensuring that the required legal and consultation processes were followed.