At the end of October, EE Business Intelligence and the Power Futures Lab co-hosted an expert webinar on electricity market development in South Africa. GET.transform supported the virtual exchange along with SAGEN, RMB, Webber Wentzel, Enerweb and the South African IPP Association (SAIPPA).
With the formal separation of Eskom‘s generation, transmission, and distribution enterprises, coupled with the surging participation of the private sector in the Southern African electricity supply sector through Independent Power Producers (IPPs) and traders, an informal competitive electricity market has already begun to take shape. Various forms of electricity agreements, such as bilateral IPP-to-customer wheeling arrangements and over-the-counter (OTC) electricity trading, as well as trading arrangements spanning one-to-one, one-to-many, many-to-one, and many-to-many configurations, are rapidly developing.
The webinar revolved around the urgency and implications of the transition to a multi-market model to serve the changing needs of the electricity supply industry in the Southern African region. Chris Yelland of EE Business Intelligence hosted the webinar together with Christine Juta of the Power Futures Lab, UCT Graduate School of Business. Prof. Anton Eberhard of the same centre of excellence gave the opening keynote before more expert speakers provided their inputs.
Access their insights through the video or download the presentations through the links below:
- Keith Bowen, Eskom: Development of SA Power Market
- Hans-Arild Bredesen, Bredesen Consulting: Power Market Design and Operation
- Jason van der Poel, Webber Wentzel: Analysis of the Electricity Regulation Act 4, Amendment Bill of 19 April 2023
- Dr Gerard Van Harmelen, Enerweb: Trading Technology Evolution
- Dario Musso, Rand Merchant Bank: Transition to a Multi-Market Model – A Banker’s Perspective