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National Assembly approves Electricity Regulation Amendment Bill

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The National Assembly (NA) has approved the Electricity Regulation Amendment Bill. The Bill aims to establish the Transmission System Operator Company which will deal with the electricity transmission system after Eskom unbundling into three entities. It will also provide penalties of up to R5 million and 10-year imprisonment for people or entities that steal electricity or damage electricity infrastructure. The Bill has been in the making for some time following the announcement to unbundle Eskom. It wants to deal with the governance framework of the transmission entity, the decline in energy availability factor and improve competition. Thabiso Tema spoke to General Secretary of the South African Federation of Trade Unions, Zwelinzima Vavi  Gen and Energy Analyst, Matthew Cruise.

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