In one of the first of its kind transactions in South Africa, the electricity produced by a privately owned hydropower plant is being sold to POWERX, a NERSA licensed national aggregator of power. Bethlehem Hydro, an independent power producer (IPP) and subsidiary of Renewable Energy
POWERX holds a NERSA-issued electricity trading licence which allows it to buy and sell power generated from renewable/clean resources, using the national grid network to facilitate such trade. POWERX uses the municipal..
The accelerated drop in the price of technology, coupled with a tectonic shift in the political will of countries and global organisations, has created the momentum never seen before
There is a need to increase electricity trading to deal with imbalances in the electricity sector, South African Power Pool (SAPP) CEO Stephen Dehwa said at a South African Independent Power Producers Association (Saippa)