Delayed tabling of the Electricity Regulation Amendment Bill was an act of economic sabotage
29 August 2023
The DA will write to the Chairperson of the Portfolio Committee of Mineral Resources and Energy, Sahlulele Luzipo, requesting that the committee adopts a resolution condemning the unethical conduct of the Minister of the Minister of Energy, Gwede Mantashe, for deliberately delaying the tabling of the Electricity Regulation Amendment Bill (ERA) in an act of wilful sabotage.
It is becoming increasingly unlikely that the ERA Bill will be finalised by the end of 2023 or even by the end of this parliamentary term in mid 2024, given the legislative backlog, the parliamentary programme, and the lengthy process needed to finalise the Bill. The ERA Bill is a critical piece of legislation that will establish a competitive electricity trading market, with multiple electricity generators to compete with Eskom.
It is clear that Mantashe and the ANC government, in deference to labour unions, have deliberately slowed down the processing of ERA Bill because the Minister knew that Parliament would not have enough time to properly apply their minds to the Bill and pass it. This is all part of a wider plan to preserve Eskom’s monopoly, push Mantashe's fossil fuel agenda and frustrate the transition to renewable energy.
Considering the fact that failure to pass the ERA Bill will have a cooling effect on private sector investment in the electricity sector, Mantashe and the ANC government must be held directly responsible for what is essentially an act of economic sabotage. If no new generation capacity is brought online in the short to medium term, South Africa’s loadshedding crisis is likely to take longer to be resolved thereby further damaging an already fragile economy.