SA makes it easier for private power
29 September 2010
South Africa’s Department of Energy is helping set up an independent body to make it easier for the country to procure power from independent producers, in a bid to encourage private sector investment in electricity generation.
Speaking at a wind energy seminar in Johannesburg on Tuesday, Energy Minister Dipuo Peters said the Independent System and Market Operator (ISMO) was intended to level the playing field and eliminate conflicts of interest between the buyer and the seller of electricity in order to protect all players from potential market abuse.
The department was working closely with other key institutions, such as the National Energy Regulator, Eskom and the National Treasury, to ensure that processes for [continue reading]