News Formal

Amazon and 14 other private companies will trade electricity on Cape Town’s grid

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 67%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The city said the first wheeled electron is expected to flow between the pilot project participants as early as July 2023.

POWERX Proprietary LimitedAmazon has a big office and edge data centre in Cape Town. It is alsoTo supplement its energy needs, Amazon has a 10MW solar power plant in the Northern Cape that first entered commercial operation inThis facility generates electricity that is wheeled over Eskom’s grid to Amazon Web Services data centres.The latest development is one of several initiatives undertaken by Cape Town to liberalize its electricity landscape and fight load-shedding.

Cape Town mayoral committee member for energy, Beverley van Reenen, explained that wheeling sales will be governed by bilateral power purchase agreements influenced by market dynamics instead of regulation. “The price of the energy is set between the parties and not by the city, Eskom, or the National Energy Regulator of South Africa ,” said Van Reenen.

The city said it already had the enabling legislative framework in place for wheeling, with the City’s Electricity Supply By-Law allowing for the retail wheeling of electricity through the network.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 11. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

R18.5bn investment in pipeline for Cape Town's water and sanitationThe City of Cape Town's R18.5 billion water and sanitation budget for the next three financial years was approved at the council meeting last week. Of this, the City plans to invest R4.3 billion in water and sanitation infrastructure starting next month:
Källa: CapeTownEtc - 🏆 17. / 63 Läs mer »