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

    Precious Metals Rally Lifts South African Mining Out of Contraction

    May 15, 2026

    South Africa’s Economic Priority

    May 15, 2026

    Gauteng Liquor Board Inquiry Report Out, GLTA Reacts

    May 14, 2026
    Top Posts

    Growthpoint Dominates with 19 SACSC Footprint Awards

    November 14, 2025

    How Botswana Operations Drove De Beers’ Quarterly Gains

    October 28, 2025

    Orange Joins MTN in Elite 300 Million Customer League

    October 24, 2025

    Nersa Opens Public Consultation on Eskom’s New Tariff Calculation 

    October 24, 2025
    Don't Miss

    Here’s How MTN’s R480 Million Will be Spent

    COMPANIES

    Residents and businesses across the Free State and Northern Cape will soon experience enhanced connectivity…

    Rosebank College Has a New Name

    May 15, 2026

    Explained: Sage and PwC Partnership

    May 15, 2026

    Attacq Appoints Peter de Villiers as Permanent CFO

    May 15, 2026
    Stay In Touch
    • Twitter
    • LinkedIn
    • Facebook

    Business Explainer proudly displays the “FAIR” stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council’s website, www.presscouncil.org.za or email the complaint to khanyim@presscouncilsa.org.za Contact the Press Council on 011 4843612.

    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.