Nersa to oppose Eskom’s move to have MYPD5 rejection set aside

The National Energy Regulator of South Africa (Nersa) has notified the Gauteng division of the High Court that it will oppose Eskom’s application to have the regulator’s decision to reject the utility’s fifth multiyear price determination (MYPD5) revenue application reviewed and set aside. Eskom approached the court on October 15 after the regulator voted, on September 30, to reject Eskom’s MYPD5 submission for the three financial years from 2022/23 to 2024/25.