Cape Town Opens Electricity Grid for Private Trading After Successful Wheeling Pilot Project, Enabling Renewable Energy Expansion

Cape Town, South Africa, announces the full opening of its electricity grid for private electricity sales and trading following a successful year-long 'wheeling' pilot project. The initiative allows participants to buy electricity directly from Independent Power Producers using the existing municipal grid. During the pilot phase, over 562,800 kWh of power was generated and wheeled across the city's grid by companies like Enpower Trading, Etana Energy, and Equites Fund Property. This move aims to diversify the city's electricity supply beyond Eskom and promote decentralized energy trading, potentially scaling up significantly. The pilot project involved three traders, three generators, and three off-takers, demonstrating the viability of energy wheeling for renewable power delivery.