Eskom to approach High Court over Nersa trading licenses
Updated | By Mmangaliso Khumalo
Power giant Eskom says it will be approaching the High Court to review the decision by the National Energy Regulator of South Africa (Nersa) to grant trading licenses in its areas of supply.
Eskom argues this is a breach of Nersa’s own rules.
The trading licenses were approved without the necessary trading rules for the industry being developed, a point acknowledged by the Regulator’s members during their deliberations.
Eskom Spokesperson Daphne Mokoena says Eskom disagrees with this decision and has instructed its attorneys to initiate legal proceedings in the High Court.
"Eskom, like all other participants in the electricity industry, operates based on established rules and subscribes to a rule-based transition. However, this adherence to the rules has been misinterpreted as anti-competitive behaviour, which Eskom firmly denies.
"Eskom remains committed to accelerating the reform of the rules to enable a competitive energy market. As presented during the public hearing, Eskom will collaborate with various stakeholders to ensure that a competitive market is developed through a consultative legal framework.
"Eskom advocates for a dynamic electricity market that ensures energy security, access and affordability, fosters growth, and delivers long-term benefits for South Africa and sub-Saharan Africa", said Mokoena.
Eskom is asking for a 36 % electricity price increase next year.
The utility's multi-year request also includes applications to hike up tariffs by almost 12% in 2027 and 9% in the 2028 financial year.
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