The National Energy Regulator of South Africa (NERSA) has awarded an electricity trading licence to Lyra Energy Trading, the trading division of Lyra Energy, a South African aggregator backed by Scatec and STANLIB Asset Management. The approval, granted on July 30, allows Lyra to buy electricity from affiliated generation assets, and sell to commercial and industrial customers using wheeling frameworks.
Lyra intends to offer short-term, standardised power purchase agreements designed to provide price certainty and enable procurement of renewable energy. “This award enables us to use the regulated wheeling framework to buy bulk electricity from Lyra Energy’s generation assets and sell portions thereof to commercial and industrial users,” said Eben de Vos, Head of Lyra Energy.
The company joins a growing list of NERSA-licensed electricity traders including Enpower Trading, Etana Energy and NUR Power Trade. This comes on the back of Eskom filing a High Court application on July 29 to review and set aside NERSA’s approval of five other trading licences.
Lyra expects to announce its first power supply agreement later in 2025.
