National Transmission Company of South Africa explained

Trading Name:National Transmission Company (SOC) Ltd
Industry:Energy
Hq Location:Megawatt Park, 2 Maxwell Drive, Sunninghill
Hq Location City:Sandton
Area Served:South Africa
Services:Electricity transmission
Num Employees:2928
Num Employees Year:2022
Parent:Eskom

The National Transmission Company of South Africa (NTCSA) is a wholly-owned subsidiary of Eskom tasked with the transmission of electricity in South Africa. It was created with the unbundling of Eskom into 3 separate entities.

History

At the 2019 State of the Nation Address, President Ramaphosa announced that Eskom would be unbundled into three wholly-owned entities; namely, Generation, Transmission and Distribution.[1] In 2020, Eskom began establishing independent boards and directors. On 17 December 2021, Eskom legally transferred its transmission division to the National Transmission Company of South Africa;[2] 374 transmission lines with a total length of 33 199 km, 500 three-phase transformers with a total capacity of 159 384 MVA located at 169 transmission substations were transferred to the NTCSA.[3]

On 13 January 2023, NTCSA applied to the National Energy Regulator of South Africa for transmission, import/export and trade licences.[4] [5] In July 2023, the transmission licence was granted.[6] In September 2023, the trading and import/export licences were granted.[7]

Duties

The NTCSA is charged with procuring electricity from Eskom power stations, the Southern African Power Pool and independent power producers in the Renewable Energy Independent Power Producer Procurement Programme and Risk Mitigation Programme. It will sell energy and capacity to the Distribution subsidiary.[8]

See also

Notes and References

  1. Web site: Ramaphosa announces Eskom to be unbundled into 3 entities . 2023-09-20 . ewn.co.za . en.
  2. Web site: 2022-02-03 . Update on the unbundling of Eskom's Transmission division - Eskom . 2023-09-20 . www.eskom.co.za . en-US.
  3. Web site: NTC Transmission licence application .
  4. Web site: NTC Trading licence application .
  5. Web site: NTC Import and Export licence .
  6. Web site: 2023-07-31 . Eskom welcomes NERSA's granting of the Transmission licence to NTCSA - Eskom . 2023-09-20 . www.eskom.co.za . en-US.
  7. Web site: Minister Pravin Gordhan welcomes approval of remaining licences for National Transmission Company of SA (NTCSA) by NERSA South African Government . 2023-09-20 . www.gov.za.
  8. Web site: NOTICE OF APPLICATION FOR A NATIONAL TRANSMISSION LICENCE, A TRADING LICENCE AND AN IMPORT/EXPORT LICENCE BY THE NATIONAL TRANSMISSION COMPANY SOUTH AFRICA SOC LTD .