The Money Show with Bruce Whitfield

You can now apply to generate electricity and feed it into the grid

pexels.com, 2019

I suppose we should say it’s better late than never.

Happy Masondo, Director (Energy and Infrastructure) - Werksmans Attorneys

Businesses will soon be able to generate their electricity and feed it into the grid.

Energy Minister Jeff Radebe told the National Energy Regulator of South Africa (Nersa) to license applications from businesses to do so.

This change in policy will help ease South Africa’s severe electricity supply constraints and open the power generation market to private entities alongside Eskom.

The Money Show’s Bruce Whitfield interviewed Happy Masondo, Director (Energy and Infrastructure) at Werksmans Attorneys.

Listen to the interview in the audio below (and scroll down for more quotes from it).

It would be devastating [if the economy goes into recession again due to load shedding] …

Happy Masondo, Director (Energy and Infrastructure) - Werksmans Attorneys

Hopefully, by the middle of July, we’ll see applications being processed by Nersa… There ought to be many, many applications that are pending…

Happy Masondo, Director (Energy and Infrastructure) - Werksmans Attorneys

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This article first appeared on 702 : You can now apply to generate electricity and feed it into the grid


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