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Minister of Energy appoints new CEO for NERSA

Tina Joemat-Pettersson, Minister of Energy has appointed Christopher Forlee as Chief Executive Officer (CEO) and full-time regulator member of the National Energy Regulator (NERSA) for a period of five years. The post will take effect from 1 January 2017 to 31 December 2021.

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Off-grid solutions becoming an important consideration in the power sector

South Africa is currently one of the most attractive destinations for power project developers, sponsors and energy players seeking investment opportunities to support and grow power projects. One of the key drivers for any power sector player remains an enabling environment with long-term sustainability and commitment to enhance and support growth.

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Energy price increases only expected to equalise by 2022

All cities in South Africa will face an electricity tariff increase of at least 16% in July if Eskom is granted approval to cover a R22.8bn adjustment for the 2013/2014 financial year. This is one of many exorbitant tariff increases forecasted until 2022 and onwards when electricity price increases are expected to match up with Consumer Price Index (CPI) - according to the latest energy forecast conducted by Energy Partners, a leading energy solutions provider in South Africa.

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