Electricity Market Progress: Key Aspects of The Electricity Regulation Act Amendment Bill 2022
The second Amendment Bill to the Electricity Regulation Act, which is open for comment, opens the way to a liberalized and competitive electricity supply market in South Africa but raises concerns about, inter alia, the extent of power given to the Minister and NERSA and lack of definition of the competitive multi-market On 10 February 2022, the Minister of Mineral Resources and Energy (the Minister) published the 2nd Amendment Bill (the Bill) to the Electricity Regulation Act, 4 of 2006 (ERA) for public comments.
Source: polity.org.za