Need for EPP and Related Policies
There is an urgent need not only for an EPP, but also for a new electricity (or energy) policy. The requirement to unbundling of Eskom, with this being a precursor to an independent system operator and the development of energy market, the electricity pricing environment is changing.
The EPP should provide direction and principles for the formulation of electricity prices in South Africa.
The EPP should also reflect the most recent policies and legislation. The EPP should not be too detailed and should indicate broad level direction. It should also define the accountabilities/responsibilities; focus on the required outcomes and the timing aspects of the outcomes.
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