Escalation in the Energy Market: Eskom Takes Legal Action

The South African electricity giant Eskom has announced that it will take the matter to the Supreme Court to have the recent decision of the national energy regulator reviewed. The regulator recently issued new licenses to several companies to operate in the electricity supply sector. Particularly contentious: The licenses were granted to CBI Electric Apollo, Discovery Green, Green Electron Market, and GreenCo Power Services, despite Eskom's vigorous objections to the approval of multiple electricity providers in the same service areas. There is keen anticipation regarding how the court will rule and what impact this case might have on the already dynamic energy market in South Africa.