National Transmission Company (SOC) Ltd | |
Industry | Energy |
Headquarters | Megawatt Park, 2 Maxwell Drive, Sunninghill, |
Area served | South Africa |
Services | Electricity transmission |
Number of employees | 2928 (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.[3][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
References
- ↑ "Ramaphosa announces Eskom to be unbundled into 3 entities". ewn.co.za. Retrieved 2023-09-20.
- ↑ "Update on the unbundling of Eskom's Transmission division - Eskom". www.eskom.co.za. 2022-02-03. Retrieved 2023-09-20.
- 1 2 "NTC Transmission licence application" (PDF).
- ↑ "NTC Trading licence application" (PDF).
- ↑ "NTC Import and Export licence" (PDF).
- ↑ "Eskom welcomes NERSA's granting of the Transmission licence to NTCSA - Eskom". www.eskom.co.za. 2023-07-31. Retrieved 2023-09-20.
- ↑ "Minister Pravin Gordhan welcomes approval of remaining licences for National Transmission Company of SA (NTCSA) by NERSA | South African Government". www.gov.za. Retrieved 2023-09-20.
- ↑ "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" (PDF).