South Africa upgrades power for Electricity Generation up to 100 megawatts according to gazette Amended Schedule 2 of the Electricity Regulation Act 4 of 2006
By Abdul Rahman Bangura–
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone-The Department of Mineral Resources and Energy has gazette the Amended Schedule 2 of the Electricity Regulation Act (ERA) 4 of 2006, which will do away with licensing needs for embedded electricity generation of up to 100 megawatts.
Gazette on August 12th, 2021the Amended Act soothes the path for private corporations and generating projects to generate up to 100 megawatts of electricity for their own use without bothering to apply for a license from the National Energy Regulator of South Africa (NERSA).
In line with the Department of Mineral Resources and Energy, the Department upgrade in the boundary is a favorable motion and an intervention, that will improve the Energy Sector.
“It is envisaged that, this step will open meaningful investment in new generation capacity in the short-to-medium term, and make significant inroads towards achieving national energy security, as well as reduce the impact of load shedding across the country,” the Department asserted in a statement.
It is anticipated that, the Amended Act shall likewise enable power generators to transmit their excess energy onto the national grid, liable to grid connection pacts with Eskom and local municipalities, to guarantee observance with regulations.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent
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