Electricity Regulation Amendment Bill 2023

This bill to Amend the Electricity Regulation Act, 2006 seeks to delete, amend, and insert definitions; define the application of the Act; enable the National Energy Regulator to manage licensing processes, including issuance, revocation, and deregistration; facilitate new electricity generation capacity and infrastructure; establish the Transmission System Operator SOC Ltd with defined duties, powers, functions, and transitional measures; create an open market platform for competitive electricity trading; transfer the roles of the Transmission System Operator SOC Ltd to the National Transmission Company South Africa SOC Ltd; and address delegation, assignment, offences, penalties, and related matters.