Let's future-proof our electricity supply together - Nedbank CEO Mike Brown

Hanno Labuschagne

Journalist
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Sep 2, 2019
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Let's future-proof our electricity supply together - Nedbank CEO Mike Brown

Creating an Independent Transmission System and Market Operator (ITSMO) is critical to Eskom’s restructuring, as it will secure the reliable, abundant and competitively priced power needed to drive South Africa’s economy in the years ahead.

Speakers at a webinar on the planned Independent Transmission System and Market Operator (ITSMO) in South Africa said that the entity would be essential in securing the private investment required to generate enough electricity to address the country’s widening power gap and expand its transmission grid.

It would also enable green finance from multilateral institutions to fund the massive deployment of wind and solar energy required, and reassure private investors that there would be no bias in terms of grid and market access, dispatch instructions and procurement decisions.
 

The_MAC

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Oct 11, 2012
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Hey Private Sector! - first figure out how all the kick-backs and cadre-involvement will work, then only propose such sensible solutions, pffft
 
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