Envusa Energy Achieves Milestone: Granted Electricity Trading License By The National Energy Regulator Of South Africa - News Summed Up

Envusa Energy Achieves Milestone: Granted Electricity Trading License By The National Energy Regulator Of South Africa


The National Energy Regulator of South Africa (NERSA) revealed significant decisions made during its meeting on December 14, 2023, addressing crucial aspects of the country’s electricity industry. Eskom Retail Tariff Approval for 2024/25:The Energy Regulator greenlit Eskom’s Retail Tariff and Structural Adjustment (ERTSA) application for the 2024/25 financial year. Electricity Pricing Rule Approval:NERSA approved the Electricity Pricing Rule, a transformative approach to tariff setting based on a five-step rate-setting process. Envusa Energy Granted Electricity Trading License:NERSA granted Envusa Energy (Pty) Ltd an electricity trading license. Envusa Energy, a joint venture between Anglo-American and EDF Renewables South Africa, plans to buy electricity from generators and supply it to key customers, contributing to South Africa’s renewable energy goals.


Source: The North Africa Journal December 26, 2023 10:22 UTC



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