The purpose is to offset the “grave strategic risk” of relying on Eskom, the country’s monolithic state-owned utility.
The full legal separation from the State Power Company was critical because China wanted the private sector to invest in power generation. System Operations was established as an independent not-for-profit company with shareholder oversight. It would have “appropriate controls to ensure that the recent incidences of irregular, fruitless and wasteful expenditure are a thing of the past.”Transmission was to be established as a subsidiary of Eskom Holdings by the end of 2021. Generation and Distribution would be established by 31 December 2022.
such as those found in Australia and across Europe are now having to integrate new power generating technologies into legacy market structures.This recent experience may suggest that South Africa should focus on a relatively simple task. That is, separating Eskom Holdings into legally separate power generation companies, a transmission company and an independent system operator. It could leave market operations and commercial arrangements within Eskom Holdings.
Source: News Formal (newsformal.com)
Learn from China..... Those little Aholes gave us the China virus
The only lesson is to not vote for ANC. Any idea they get will fail, so history teaches us.
We are also learning from those who keep telling us to go green while their own green projects are failing in their countries.
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