The Competition Commission has proposed various interventions to promote competition in the renewable energy space.
Following the rapid uptake of renewable energy products such as solar power generation in recent years, the Competition Commission of South Africa has proposed some policy changes for the sector.
Although South Africa has experienced a long-lasting reprieve from load-shedding — the primary driver behind renewable energy uptake in recent years — policy developments locally and globally indicate that the renewable sector will have a long future in the country. “A finding that is key is the need for localisation. Most of the products we have observed that they are imported from overseas,” said Buthelezi
It also noted that there are no enforced standards for renewable energy products to ensure they are fit for purpose. The changes are part of South Africa’s National Renewable Energy Master Plan, published by the Department of Mineral Resources and Energy.
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