Close Menu
    • ABOUT
    • BOOK STORE
    • ENTREPRENEURSHIP
    • ESG
    • EVENTS & AWARDS
    • POLITICS
    • GADGETS
    • CONTACT
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) LinkedIn
    Business explainerBusiness explainer
    Subscribe
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    Business explainerBusiness explainer
    Home » Cape Town to revolutionise electricity market with new project
    ECONOMY

    Cape Town to revolutionise electricity market with new project

    June 8, 2023
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    City of Cape Town Mayor Geordin Hill-Lewis
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Cape Town mayor Geordin Hill-Lewis has announced that 15 commercial electricity suppliers will start wheeling electricity through Cape Town’s grid following city council approval later this month.

    1. Electricity wheeling is an innovative solution to help address the country’s energy shortages, and Cape Town is leading the way nationally with a unique wheeling pilot project.
    2. Wheeling allows people to buy electricity from each other using existing grid infrastructure, and the program will allow electricity to be wheeled over both the municipal and Eskom distribution networks in Cape Town.
    3. The 15 wheeling pilot participants include well-known companies such as Amazon Data Service, Redefine Properties, and Solar Africa Energy, among others.
    4. The city has already put in place the enabling legislative framework for wheeling, and the sales will be governed by bilateral power purchase agreements within a market environment.
    5. The move towards wheeling is set to revolutionize the electricity market in Cape Town, with the potential for greater competition and innovation, and could pave the way for similar projects in other parts of the country.
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleRamaphosa meets with CEOs to address growing concerns
    Next Article Global miners scramble for critical minerals deals amid supply chain woes

    Related Posts

    Career-Focused Education and the Shift Toward Workplace Readiness

    April 18, 2026

    Shift Happens! What is Rewriting the Rules of SA Residential Property

    April 16, 2026

    Report; Grocery Costs Keep Rising

    April 16, 2026
    Top Posts

    Seven Families Sue OpenAI In ChatGPT Suicide Scandal

    November 10, 2025

    Construction Boom Delivers 176,000 Jobs as Unemployment Eases

    November 11, 2025

    Volkswagen Chief Praises Chinese Competition for Sparking Innovation

    November 7, 2025

    WomenIN Festival 2025 – Limitless: No Labels, No Limits, No Apologies

    November 9, 2025
    Don't Miss

    Career-Focused Education and the Shift Toward Workplace Readiness

    ECONOMY

    One of the most important expectations placed on higher education today is that it prepares…

    Oil Law Amendment Pushed Ahead of Namibia’s First Oil

    April 18, 2026

    What the JSE’s First Nature-Linked Performance Bond Means for Markets

    April 18, 2026

    Evaluating PayShap After Three Years: Key Takeaways

    April 18, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook
    About Us
    About Us

    From the latest product launches and company earnings to economic trends and industry disruptions, we distill the most critical details and implications – breaking through the jargon and wordiness to give you just what matters most.

    Facebook X (Twitter) LinkedIn
    Categories
    • TRENDING
    • EXECUTIVES
    • COMPANIES
    • STARTUPS
    • GLOBAL
    • AGRICULTURE
    • DEALS
    • ECONOMY
    • MOTORING
    • TECHNOLOGY
    contact us
    • Get In Touch
    © 2026 Business Explainer
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.