The Western Cape provincial and local government said planned amendments to Schedule 2 of the Electricity Regulation Act – is a step in the right direction.
This week, the President announced changes to the Act to make it easier for Independent Power Producers to generate and sell electricity.
MEC for Finance and Economic Opportunities David Maynier said the 100MW generation threshold is a big leap forward for energy resilience in the Western Cape.
He said recent load shedding has cost the country and province millions of rands.
“Load shedding costing the Western Cape economy R75 million per stage per day. Over the last two weeks bloodshedding has cost the Western Cape economy approximately R3.85 billion”.
And Mayor Dan Plato said the development means that companies can build their own generation facilities to supply energy needs.
“It will take some time before we see the benefits of this shift, but it is a major boost for investor confidence and a move in the right direction. Hopefully, this means that access generation can also be fed back into the grid”.
-EWN
In other news – You have no respect for your son – Zodwa Wabantu told after flashing her privates in public
Mzansi dancer Zodwa Wabantu is always getting praised by her fans for being real and focused when she posts her revealing pictures. This time one fan has told Zodwa that she does not respect her son.
This comes after Zodwa posted a picture of herself flashing her privates in public with the caption ‘Guys please tell me why I am so special 😝😝😝.’ Learn More
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