Opening up electricity generation: 'Expect an explosion in the market'

Amid public power utility Eskom's ongoing woes, Energy Minister Jeff Radebe this week gave the National Energy Regulator of SA (Nersa) permission to go ahead and licence applications from various sectors for projects to generate their own electricity.

The energy department has confirmed that Nersa can now license 500 megawatts for small-scale embedded generation (SSEG) projects.

Independent energy expert Ted Blom describes this as fantastic news but cautions that the minister may have over-reached in this instance.

There might be a bit of over-reach by the minister into the regulator's domain, because they are actually busy with this... As long as it doesn't compromise their independence it's most, most welcome.

Ted Blom, Independent energy expert

Blom says he anticipates a 'massive explosion' in the electricity market off the back of this news.

On the lower end it opens up the market for self-generation and perhaps even community generation by townhouses, stokvels and the like.

Ted Blom, Independent energy expert

Hopefully the regulator will be fair and say that you'll get the same tariff as what Eskom charges you when you draw off the grid, you get the same when you pump into the grid. But that's highly unlikely.

Ted Blom, Independent energy expert

For more on the implications of this move, take a listen:


Recommended

by NEWSROOM AI
Read More
 #WeAreNotLabRats takes off, French doctor apologises for Africa comment

#WeAreNotLabRats takes off, French doctor apologises for Africa comment

Two French doctors sparked outrage with their idea for Africa to be used as the testing ground for coronavirus vaccines.

[VIDEO] Virtual game drives: the perfect lockdown family 'outing'

[VIDEO] Virtual game drives: the perfect lockdown family 'outing'

Tintswalo Lodges' Alistair Leuner gives the lowdown on experiencing the bush from the comfort of your home.

Pretoria man arrested for allegedly mocking lockdown measures on social media

Pretoria man arrested for allegedly mocking lockdown measures on social media

Police say a video shows two young men travelling around Pretoria, bragging they do not comply with the regulations.

Don't fall into an IMF debt trap Tito Mboweni! - political commentator

Don't fall into an IMF debt trap Tito Mboweni! - political commentator

Oscar van Heerden on the reasons he believes South Africa should not turn to the IMF for a general loan amid Covid-19 crisis.

SA-animated 'Zog' wins International Emmy for Best Kids Animation

SA-animated 'Zog' wins International Emmy for Best Kids Animation

The short film about a clumsy young dragon was co-directed by a South African and animated in Cape Town.

Could SA student's bug-killing coating innovation be applied for Covid-19?

Could SA student's bug-killing coating innovation be applied for Covid-19?

Michael Lucas on his self-sanitising technology and why it could also play a role in a post-pandemic world against superbugs.

Popular articles
Number of COVID-19 positive cases rises to 1,686, one death confirmed

Number of COVID-19 positive cases rises to 1,686, one death confirmed

According to the Department of Health, this is an increase of 31 from the previously reported cases

Make Money Mondays: Karen Zoid in a time of coronavirus

Make Money Mondays: Karen Zoid in a time of coronavirus

Musician and television host at Republiek van Zoid Afrika says because of COVID-19people are all the same now.

How are local non-profit organisations impacted by COVID-19 and shutdown?

How are local non-profit organisations impacted by COVID-19 and shutdown?

Charities Aid Foundation Southern Africa CEO Gill Bates says the main concern is those organisations that are on the fringes.

In the new world of virtual meetings and interviews, what are the ground rules?

In the new world of virtual meetings and interviews, what are the ground rules?

World Wide Worx MD Arthur Goldstuck gives tips on what to do during an interview on Skype or something similar.

SARB warns that the economy may shrink by up to 4% due to coronavirus

SARB warns that the economy may shrink by up to 4% due to coronavirus

George Glynos, head of research at ETM Analytics, says the those lockdowns are likely to be extended for longer than 21 days.

Matric revision podcast by Gauteng Education Department --- working with 702

Matric revision podcast by Gauteng Education Department --- working with 702

Pupils are able to access the podcast lessons at anytime that is suitable for them in the comfort of their homes.

Include persons living with disabilities in fight against COVID-19 - ministry

Include persons living with disabilities in fight against COVID-19 - ministry

Deputy Minister Hlengiwe Mkhize spoke about how containment measures can be isolating for those who rely on the support of others.

TV personality Vinolia 'V-Mash' Mashego passes away

TV personality Vinolia 'V-Mash' Mashego passes away

The family says the former Jam Alley presenter passed away in her sleep.

Grandmother of killed Soweto girl pleads with community to volunteer info

Grandmother of killed Soweto girl pleads with community to volunteer info

EWN reporter Mia Lindeque says the grandmother says if there wasn't a lockdown people would have stopped the culprits.

Company pledges 20,000 face shields in fight against COVID-19

Company pledges 20,000 face shields in fight against COVID-19

Dispak Group has pledged 10,000 face shields to the Gauteng Health Department and another 10,000 to healthcare workers.