State-owned electricity utility Eskom will apply for urgent interim relief against the National Energy Regulator of South Africa’s most recent tariff determination, which it is taking on legal review, arguing that such relief is required to “avoid financial disaster”. The legal action follows the publication of Nersa’s long-awaited reasons for decision relating to the fourth multiyear price determination, covering the three years from 2019/20 to 2021/22, as well as the Regulatory Clearing Account balance for the 2018 financial year.
