South Africa’s plans to procure more electricity-generation capacity will have to wait as long as six months until the regulator has approved a state resource strategy, the nation’s energy department said.
Browsing: Nersa
Haemorrhaging cash and drowning in debt, South Africa’s state power utility is trying to persuade the energy regulator to allow it to raise its prices to offset lower-than expected sales and unforeseen expenses.
Minerals & energy minister Gwede Mantashe says energy regulator Nersa has already approved 75 applications from private companies wanting to generate energy for self-use.
Eskom has lost its bid to have a court overrule the state energy regulator and allow higher tariffs.
Eskom is approaching the courts in an effort to force energy regulator Nersa to reconsider electricity tariffs for the next three financial years.
Eskom is challenging the South African energy regulator in court over a tariff increase the state-owned utility says isn’t sufficient, Mining Weekly reported, citing court papers.
Forward-thinking businesses in South Africa are now starting to confront life without Eskom by putting plans in place to generate their own energy.
Farmers have the capacity to run renewable energy projects on their farms to not only reduce their costs, but support the national grid
Energy regulator Nersa has allowed Eskom to raise prices by less than what the embattled company estimates it needs, keeping pressure on its balance sheet while also adding to inflation strains.
The failure of energy regulator Nersa to register small-scale solar photovoltaic installations in Eskom electricity distribution areas is costing farmers dearly, says Ig du Plessis, director of power consultancy Sonfin.