Enpower Trading has obtained conditional market participant membership from the Southern African Power Pool SAPP, becoming the first private company incorporated in South Africa to do so. The membership provides the company with approval to participate directly in SAPPs regional trading platforms.
According to Enpower Trading, the membership will enable it to conduct cross-border electricity transactions, including imports and exports, through SAPPs bilateral and day-ahead market mechanisms. The company stated this development increases the options available to commercial and industrial customers seeking access to alternative regional power sources.
This is a landmark moment for Enpower Trading and for the evolution of South Africas power market, said CEO James Beatty . It positions us among a very small group of entities granted approval to participate directly in regional power trading.