Cape Town issues largest energy tender to date at 500 MW
In continuing its pursuit of becoming largely independent from the national grid, the City of Cape Town has announced it is issuing its largest energy tender to date at 500 MW.
Mayor Geordin Hill-Lewis is confident the city will be the first metro to break free from Eskom’s hold, while ensuring meaningful economic growth and investment in the city.
Cape Town aims to offer protection from the first four stages of loadshedding within the next three years, through its R2.3-billion “Building Hope” budget.
The city is seeking competitive proposals from independent power producers focusing on dispatchable technologies, including gas-to-power and battery storage.
Hill-Lewis stresses that these power sources need to generate power for a significant portion of the day to support the city’s loadshedding protection efforts.
Notably, these dispatchable supply sources need not be located in a city-supply area.
Successful bidders will enter into a ten-year power purchase agreement with the city. The mayor points out there is potential for multiple bidders to be awarded contracts under this tender.
Meanwhile, the city remains on track to award final contracts in terms of the first phase of a 200 MW renewable energy tender. The city also expects to award contracts for preferred bidders in respect of its Power Heroes Programme tender, which involves a voluntary energy savings incentive scheme, in April.
Cape Town also recently issued a request for information on energy trading solutions, including market operation underwriting and aggregation services, which remains open for submissions until April 19.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Showroom
ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.
VISIT SHOWROOM
Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
