Sasol wants electricity trading licence to add ‘flexibility’ as it mulls equity in renewables

Sasol CEO Simon Baloyi has confirmed that the JSE-listed group has applied to the National Energy Regulator of South Africa (Nersa) for an electricity trading licence, and is also planning to take equity positions in renewable-energy projects in future. In an interview with Engineering News, which came as Nersa moved to finalise trading rules and Eskom mounted a legal challenge against the regulator’s decision to license five domestic traders in 2024, Baloyi said a trading licence would offer it flexibility as a large procurer and potential direct investor in renewables.