Energy Exchange Awarded Energy Trading License in South Africa

News Flash

  • South Africa’s national regulator, NERSA, has issued a electricity trading license to Energy Exchange.
  • Last month NERSA awarded a 100MW license to energy trader, Enpower, marking South Africa’s move to a more decentalised energy sector whereby energy traders can buy and sell power by way of wheeling using the national grid. Read more

Southern Africa faces a combination of rapidly increasing energy costs combined with increasing concerns around the security of supply. Read more 

In the Energy Exchange aggregator model, they act as a market place where independent generators can sell their surplus energy to the industrial and commercial entities who need it. The say by bringing supply and demand together in one place, they are able to create transparency in pricing that benefits both buyers and sellers across Southern Africa.

By transacting via an aggregator model, the customer is able to derive a number of benefits:

  • continuity of supply (due to a diversified supply)
  • profile engineering; an ability to manage load outages (relative to the underlying contract to buy/take energy)
  • and the administration of the transactions.

Energy Exchange also offers voltage optimisation solutions as well as a back-office reconciliation function, which utilises metered data, so that customers can efficiently track and manage your energy expenses.

Author: Bryan Groenendaal

Leave A Reply

About Author

Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

Copyright Green Building Africa 2024.