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Fasken: 100MW Electricity Generation Licence Exemption – Finally The Green Light ?
Amendments of the Electricity Regulation Act 4 to increase the licensing threshold for self-generation facilities from 1MW to 100MW were published
After much anticipation, the amendments to Schedule 2 of the Electricity Regulation Act 4 of 2006 to increase the licensing threshold for self-generation facilities from 1MW to 100MW were published in Government Notice 737 in Government Gazette 44989 of 12 August 2021 (the “Notice”).
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The publication comes after President Cyril Ramaphosa’s announcement on 10 June 2021 to increase the licensing threshold to 100MW, instead of the 10MW threshold that had been proposed by the Department of Mineral Resources and Energy on 23 April 2021, in order to encourage investment in embedded generation projects and generally bring about much-needed economic growth.
About Fasken
Fasken is a leading international law firm with more than 750 lawyers and ten offices on four continents. Fasken's Johannesburg team has experience and expertise in all of Africa’s established and growth industries, including mining, energy, infrastructure, healthcare, technology and finance.
