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ACCELARATE POWER PROCUREMENT FROM TRADERS

From "Comment on the City’s draft Budget for 2026-2027"

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The highest cost driver is the Eskom price increase.

The city already has plans to procure 500MW from energy traders at lower costs than Eskom. See article at https://www.engineeringnews.co.za/article/cape-town-seeks-500-mw-from-energy-traders-at-below-eskom-rates-2026-04-01

Interested parties have until 13 May to respond to the tender. It is recommended that this initiative is implemented with a phased approach and some of the early phases are accelerated to deliver at least some benefits in the 2026/27 financial year.

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Current status

proposed