PRESIDENT Cyril Ramaphosa says government is embarking on a strategy to implement fundamental changes” to electricity supply in the country.
Ramaphosa was delivering the State of the Nation Address in Cape Town on Thursday evening.
State power utility Eskom continues to battle with challenges at power stations across the country leading to load shedding.
The President said the strategy is contained in amendments to the Electricity Regulation Act which was approved by Cabinet but is still out for public comment.
In part, amendments to the Act seek to allow private electricity producers to sell electricity and gives way for Eskom to establish its own transmission business.
“These far-reaching amendments will enable a competitive market for electricity generation and the establishment of an independent state-owned transmission company,” the President said.
President Ramaphosa lamented the current “electricity crisis” that has befallen the country as a result of Eskom’s challenges and an energy
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