Eskom to have Renewable Energy Tariff
South Africa’s Eskom Holdings SOC Ltd.,is starting a pilot program to allow businesses to buy green energy without owning a renewable energy generator or entering into long-term agreements.
“The Renewable Energy Tariff is designed to provide a cost-effective and flexible option for Eskom customers to consume renewable power," the company said in a statement on its website.
The program will last for two years, ending in March 2023. During that time, Eskom will offer a maximum of 300 gigawatt-hours per annum to customers supplied directly by the utility.
Customers will have an option to select what percentage of their current electricity usage to be green. By the end of the program, they must decide on whether to submit the tariff for formal approval.
Eskom generates most of South Africa’s power, using coal. It is transitioning to greenerg energy with some work from renewables including wind and hydro.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More renewables news

GB Energy Faces New Doubts as UK Declines to Affirm Future Funds

Korea Cancels Planned Reactor After Impeaching Pro-Nuke Leader

Brazil’s Net-Zero Transition Will Cost $6 Trillion by 2050, BNEF Says

SolarEdge Climbs 40% as Revenue Beat Prompts Short Covering

EU to Set Aside Funds to Protect Undersea Cables from Sabotage

China Revamps Power Market Rules In Challenge to Renewables Boom

KKR increases stake in Enilive with additional €587.5 million investment

TotalEnergies and Air Liquide partner to develop green hydrogen projects in the Netherlands

Germany Set to Scale Down Climate Ambitions
