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President Cyril Ramaphosa announced on Thursday that government had lifted the threshold for companies to produce their own electricity without a licence to 100MW.
“Following an extensive public consultation process and a significant amount of technical work undertaken by the department of mineral resources and energy, we will be amending schedule 2 of the Electricity Regulation Act to increase the Nersa [National Energy Regulator of SA] licensing threshold for embedded generation projects from 1MW to 100MW,” said Ramaphosa in a surprise announcement.
According to the president, the intervention reflects government’s determination to take the necessary action to achieve energy security and reduce the impact of load shedding on businesses and households across the country.
Ramaphosa lifts power generation licence threshold to reduce load shedding
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Cape Town - President Cyril Ramaphosa has announced an increase in the licence threshold for people to generate power from 1MW to 100MW to lift the economy.
Ramaphosa on Thursday announced that they were increasing the Nersa licensing threshold for embedded generation projects from 1MW to 100MW.
This comes after Eskom implemented load shedding in the past few days.
Ramaphosa said they will boost the economy and enable the country to have energy security.
He denied they were taking the bread from Eskomâs mouth, saying the power utility needed competition.