Fifteen companies, including Amazon's data services business in South Africa and property giant Redefine, will participate in a pilot project to trade electricity using the City of Cape Town and Eskom's grid infrastructure. | News24_Business
Fifteen companies will participate in a pilot project to trade electricity using the municipality's distribution infrastructure.
The announcement was made on Wednesday, following approval from the City's Mayoral Committee. Council is to give approval later this month, the city indicated in a statement. Wheeling allows people to buy electricity from each other using existing grid infrastructure. The future is now, as Cape Town gears up for the first electron to be wheeled between our pilot project participants this July.Last year, the city invited applications from both customers and electricity generators to participate in the programme. The journey has involved concluding wheeling agreements and working out billing systems.
"Our programme will allow electricity to be wheeled over both the municipal and Eskom distribution networks in Cape Town," said Councillor Beverley van Reenen, Mayoral Committee Member for Energy.
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