💨 Abstract

South Africa has launched a traded electricity market, a move aimed at providing consumers with greater choice, price competition, and a more reliable power supply. This reform comes following persistent load shedding and decades of reliance on the state-owned utility Eskom. Rand Merchant Bank is supporting licensed electricity traders and investing in infrastructure upgrades, marking a fundamental shift in how electricity is bought and sold in the country.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖