Trading rules near as Eskom tools up to compete

Eskom CEO Dan Marokane has announced that new electricity trading rules in South Africa are imminent, defending the utility's court challenge over trading licences as protecting public interest rather than blocking competition. Eskom argues that new market entrants should contribute to subsidies and essential public obligations, citing international precedents from the Philippines, California, and Texas. Meanwhile, Eskom is actively preparing to compete in the liberalised market, having procured systems for day-ahead, intraday, and balancing market trading, and partnering with universities to develop retail market instruments. The announcement comes amid broader tensions over electricity sector reform, including a public dispute over whether transmission grid assets should transfer to an independent operator.

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