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Eskom National Transmission Company Poised for November Launch

Published September 21, 2023
9 months ago

The stage is set for Eskom's national transmission company to start trading independently come November, an upgrade that will drive competition in the South African electricity market. This transformative announcement was made by officials from the Department of Public Enterprises, during a session with the parliament’s Select Committee on Public Enterprises and Communication.

The route to this colossal shift in the electricity market was set in motion following the Energy Regulator's consent for the operation of the transmission company. This approval specifically concerned three crucial licences: transmission, trading, and import & export. With these authorities granted, the transmission company's operationalisation is firmly on course for a November kick-off.

This development signals a significant milestone for Eskom and signifies a momentous shift in South Africa's energy sector landscape. The establishment of an independent arm for transmission is anticipated to ignite competition within the electricity market, leading to more options for consumers and potentially better pricing models across the country.

This transformation will provide Eskom's national transmission company a robust platform to trade, import, and export efficiently and proactively. It paints a promising picture for a sustainable and competitive future for South Africa's electricity market.

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