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Cape Town first metro to procure power from energy traders, below Eskom rates
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Cape Town first metro to procure power from energy traders, below Eskom rates
Cape Town is set to become the first municipality in South Africa to buy electricity at scale from licensed energy traders and aggregators. The City has launched a tender to procure 500MW through Power Purchase Agreements (PPAs) ranging from one to 10 years, covering a mix of generation technologies, including solar. The move is aimed at reducing reliance on Eskom, which currently accounts for about 70% of the City’s tariff income spent on bulk …
·Johannesburg, South Africa
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
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- 100% of the sources lean Left
100% Left
L 100%
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