ANOTHER failed attempt to restructure Eskom will make it more difficult for private investors to build independent power plants (IPPs), and South Africa will face years of constrained electricity supply.
It has become apparent that the proposed Independent System and Market Operator Bill will not be voted on by Parliament anytime soon. The bill sought to remove electricity market functions — such as planning, procurement and contracting of new power — from Eskom and place these under an independent state-owned utility, subject to determinations by the energy minister.
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It has become apparent that the proposed Independent System and Market Operator Bill will not be voted on by Parliament anytime soon. The bill sought to remove electricity market functions — such as planning, procurement and contracting of new power — from Eskom and place these under an independent state-owned utility, subject to determinations by the energy minister.
Read more....
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