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Some stakeholders in the energy sector have described the Electricity Regulation Amendment Bill as crucial legislation to reduce load shedding. The Bill was tabled in Parliament by the Minister of Mineral Resources and Energy Gwede Mantashe recently, for processing. Eskom has been implementing power cuts non-stop.
Boitumelo Kiepile, Head of Regulatory Affairs at Enel Green Power SA, spoke to eNCA.
Minister of Mineral Resources and Energy tabled the Electricity Regulation Bill in parliament yesterday to help open up the electricity market. It’s part of government plans to open up the market and bring in new players. To discuss we’re joined by Energy Analyst, Professor Sampson Mamphweli.
Government says it will complete the formal introduction of the Electricity Regulation Amendment Bill to Parliament in the next quarter. In the latest update on Operation Vulindlela, it says the bill will establish a competitive market in the electricity sector. And that while some reforms are completed, others face significant challenges. Operation Vulindlela is a joint initiative between the Presidency and the National Treasury to accelerate the implementation of structural reforms and support economic recovery.
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