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