FMF submission on Tshwane power station leases

THE FREE MARKET FOUNDATION RECOMMENDS THAT THE POWER STATIONS BE WHOLLY PRIVATISED OR SUBJECT TO STATEPROOF LEASES.

South Africa’s electricity crisis is an existential threat to the country’s socio-economy, but at the same time is not a complex or an unsolvable problem. In fact, it is a simple problem with a simple solution, in the way of which stand only artificial, essentially political, impediments.

If there is a good for which high demand exists – such as electricity – there is an inherent and powerful incentive for the market to supply that demand. In the absence of state interference in South Africa’s 2 electricity market, suppliers would emerge as a matter of course. The electricity market is not a free one.

Click here to read the FMF’s full submission.

Click here for a soundbite by Martin van Staden.

Martin van Staden

Martin van Staden sits on the Executive Committee and Rule of Law Board of Advisors of the Free Market Foundation. He is pursuing a doctorate in law at the University of Pretoria and is author of 'The Constitution and the Rule of Law: An Introduction' (2019).

Publish date: 09 October 2023
Views: 99

Martin van Staden, power stations, submission, Energy

The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation. This article may be republished without prior consent but with acknowledgement to the author.

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