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RESTRUCTURING

Electricity Supply Industry

In December 1998, government released the White Paper on Energy Policy, which sets out its policy objectives for the entire energy sector.

These objectives are to increase access to affordable energy services, improve energy governance, stimulate economic development, manage energy-related environmental impacts and secure energy supplies through diversity.

Restructuring aims to improve the quality of life of all South Africans and to increase economic growth and redeploy assets. To ensure non-discriminatory and open access to transmission lines, and taking into consideration the financial stability of Eskom, government, in the medium term, is to establish a separate state-owned transmission company.