Cyril Ramaphosa 🇿🇦
Cyril Ramaphosa 🇿🇦|Feb 06, 2025 17:45
The measures we have implemented through the Energy Action Plan have reduced the severity and frequency of load shedding, with more than 300 days without load shedding since March 2024.   While the return of load shedding for two days last week was a reminder that our energy supply is still constrained, we remain on a positive trajectory.   We now need to put the risk of load shedding behind us once and for all by completing the reform of our energy system to ensure long-term energy security.   The Electricity Regulation Amendment Act, which came into effect on the 1st of January, marks the beginning of a new era.   This year, we will put in place the building blocks of a competitive electricity market.   Over time, this will allow multiple electricity generation entities to emerge and compete.   We will mobilise private sector investment in our transmission network to connect more renewable energy to the grid.   As we reform our energy system, we are continuing to build successful multilateral partnerships in the global effort to halt the devastating impact of climate change. #SONA2025 #AWorkingNation
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