3 years ago

Opportunity Issue 93 - March 2020

  • Text
  • Economic
  • Economy
  • Businesses
  • Regulator
  • Electricity
  • Innovation
  • Infrastructure
  • African
  • Cape
  • Ensure

The National Energy

The National Energy Regulator of South Africa (NERSA) makes a valuable contribution to the socio-economic development and prosperity of the people of South Africa, by regulating the energy industry in accordance with government laws, policies, standards and international best practices in support of sustainable development. Jacob Modise Chairperson NERSA is a regulatory authority established as a juristic person in terms of Section 3 of the National Energy Regulator Act, 2004 (Act No. 40 of 2004). NERSA’s mandate is to regulate the electricity, piped-gas and petroleum pipelines industries in terms of the Electricity Regulation Act, 2006 (Act No. 4 of 2006), Gas Act, 2001 (Act No. 48 of 2001) and Petroleum Pipelines Act, 2003 (Act No. 60 of 2003). Maleho Nkomo Deputy Chairperson Chris Forlee Full-Time Regulator Member and CEO NERSA’s mandate is further derived from written government policies as well as regulations issued by the Minister of Mineral Resources and Energy. NERSA is expected to perform the necessary regulatory actions in anticipation of and/or in response to the changing circumstances in the energy industry. The Minister of Mineral Resources and Energy appoints Members of the Energy Regulator, comprising Part-Time (Non-Executive) and Full-Time (Executive) Regulator Members, including the Chief Executive Officer (CEO). The Energy Regulator is supported by staff under the direction of the CEO. Yusuf Adam Part-Time Regulator Member Nomfundo Maseti Full-Time Regulator Member: Piped-Gas and Electricity Kulawula House, 526 Madiba Street, Arcadia, 0083 P O Box 40343, Arcadia, 0007 Tel: (012) 401 4600 • Fax: (012) 401 4700 E-mail: Website: @NERSA_ZA @NERSAZA Muzi Mkhize Full-Time Regulator Member: Petroleum Pipelines Fungai Sibanda Part-Time Regulator Member

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