The Competition Commission says they are keeping a keen eye on price gouging and fixing in the solar-energy sector and has urged businesses and consumers who are going off the grid to report incidents to them.
South Africans with the means to do so are exploring solar or alternative energy as the crisis at Eskom deepens and an 18.65% tariff increase granted by the National Energy Regulator of South Africa (Nersa) to the power utility will lead to the cost of electricity increasing.
Related: UK: Ofgem on the defense in energy pricing debate
In a system update yesterday, Eskom said the October 2022 failure of the chimney system at the Kusile Power Station was the major cause of the elevated stages of load shedding.
It said it was working with the government to acquire additional generation capacity from existing operators, both within South Africa and the region.
Prominent South Africans have also backed a team of the country’s top lawyers, who on Monday issued a letter of demand to Public Enterprises Minister Pravin Gordhan over load shedding and to stop the Nersa tariff hike.
Featured News
EU Regulators Set to Clear Microsoft’s $13B OpenAI Investment
Apr 17, 2024 by
CPI
Biden Pledges to Block US Steel Acquisition by Japanese Firm
Apr 17, 2024 by
CPI
Canada Targets Tech Titans with New Digital Tax in 2024
Apr 17, 2024 by
CPI
EU Privacy Watchdog Calls for Meta to Offer Ad-Free Option
Apr 17, 2024 by
CPI
Japan’s Antitrust Overhaul Targets Tech Titans Like Apple
Apr 17, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – China Edition – Year of the Dragon
Apr 16, 2024 by
CPI
Review Logic and Rules for Concentrations of Undertakings that Do Not Meet the Standard of Notification
Apr 16, 2024 by
CPI
China’s Review of Semiconductor Transactions
Apr 16, 2024 by
CPI
Key Challenges and Tips for Merger Control Filing in China for Listed Companies
Apr 16, 2024 by
CPI
Key Point Review: China SPC Antitrust Judgments in 2023
Apr 16, 2024 by
CPI