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Policy Bulletin 04: Electricity reforms: Experience and approach

Chris Loewald, Konstantin Makrelov, Andreas Wörgötter

South Africa has been experiencing electricity shortages since 2008. Load shedding is taking place even at the moment, despite a large contraction in economic activity due to the Covid-19 crisis. It is time to reform the electricity market and breakdown Eskom’s vertically integrated monopoly. An efficient energy production and a competitive energy market are the foundation of a productive and growing economy.