CHRIS FORLEE - Nersa
The National Energy Regulator of South Africa (Nersa) is a regulatory authority established as a juristic person in terms of Section 3 of the National Energy Regulator Act, 2004 (Act No. 40 of 2004). Nersa’s mandate is to regulate the electricity, piped-gas and petroleum pipelines industries in terms of the Electricity Regulation Act, 2006 (Act No. 4 of 2006), Gas Act, 2001 (Act No. 48 of 2001) and Petroleum Pipelines Act, 2003 (Act No. 60 of 2003).
Nersa has made big strides in coming to grips with the challenges of a dynamic industry. The highlights of its achievements ranged from putting in place structures and systems that ensure sound corporate governance and capacity building, to the provision of current and user-friendly information, as well as the development, fine-tuning and implementation of regulatory methodologies, processes and procedures.
Following on the decade of excellence that NERSA has celebrated during the 2015/16 financial year, the organisation has reinforced the solid foundation that it has established over years of regulation. It remains on course on the journey of continuous improvement and innovation that will enable achievement of its vision of being acknowledged as a recognised world-class leader in energy regulation.
Nersa welcomes its second decade energetically and is geared to meet the challenges with sound decision-making in efforts to strike that all-important balance between the interests of producers and those of South African citizens across all our primary activities, namely licensing, setting and approving of prices and tariffs, compliance monitoring and enforcement, and dispute resolution in the electricity, piped-gas and petroleum pipelines industries.