Background & ContextEskom Generation Division (Gx) has operated within an evolving electricity market framework since the establishment of its internal energy market between 1996 and 2004, initiated in response to the Energy Policy White Paper. Trading between Generation and the National Transmission Company of South Africa (NTCSA) is currently governed by the Eskom Dynamic Energy Market (EDEM) and annual Power Purchase Agreements (PPAs) in a regulated market environment. Each Generation power station enters PPAs with NTCSA on a yearly basis, covering price agreements, terms, and conditions of…
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