{"id":681353,"date":"2023-04-18T13:59:33","date_gmt":"2023-04-18T11:59:33","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=681353"},"modified":"2023-04-18T13:59:33","modified_gmt":"2023-04-18T11:59:33","slug":"cape-town-investing-another-r1-billion-to-tackle-load-shedding","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/681353\/cape-town-investing-another-r1-billion-to-tackle-load-shedding\/","title":{"rendered":"Cape Town investing another R1 billion to tackle load shedding"},"content":{"rendered":"<p>The City of Cape Town is investing another R1.2 billion into the Steenbras Hydro Pumped Storage Scheme.<\/p>\n<p>The city&#8217;s Building Hope Budget for 2023\/24 proposes an investment of approximately R1.2 billion over the next nine years on the maintenance and expansion of the Steenbras hydro plant.<\/p>\n<p>It said that this would continue to protect Cape Town residents from the impacts of load shedding and safeguard Cape Town&#8217;s electrical infrastructure.<\/p>\n<p>The budget and execution of professional services will decide the final budget and delivery programme.<\/p>\n<p>&#8220;Approximately R1 billion has been set aside for the refurbishment and extension of the Steenbras Hydro Pumped Storage Scheme and approximately R200 million is earmarked for the maintenance of Steenbras,&#8221; said the City\u2019s Mayoral Committee Member for Energy, Councillor Beverley van Reenen.<\/p>\n<p>&#8220;The investment in Steenbras and the maintenance programme is crucial to fulfilling our commitment to protect customers from a stage or two of load-shedding where possible, with plans to expand protection with up to four stages in the near future as part of the load-shedding protection plan.<\/p>\n<p>&#8220;Importantly, all Capetonians benefit directly or indirectly from the City\u2019s power generation management and load-shedding protection as it also protects critical City infrastructure used for service provision and protects the City\u2019s electricity network.&#8221;<\/p>\n<p>Steenbras consists of four turbines that are used to generate 160MW of electricity.<\/p>\n<p>Cape Town is the only city in South Africa operate a large pumped hydro-electric scheme, and it said that regular maintenance and good management of the power station helped offset and high tariff and demand periods.<\/p>\n<p>The Stenbrass investment plan follows a separate <a href=\"https:\/\/businesstech.co.za\/news\/energy\/680995\/cape-towns-r1-2-billion-plan-to-beat-load-shedding\/\" target=\"_blank\" rel=\"noopener\">R1.2 billion plan<\/a> from the city to invest in a solar PV and battery storage project, which could produce 60MW of renewable energy<\/p>\n<p>The city has also budgeted the following programmes to beat load shedding:<\/p>\n<ul>\n<li>R220 million on embedded independent power purchase<u><\/u><u><\/u><\/li>\n<li>R288 million on the Power Heroes programme which looks at voluntary power reduction in return for an incentive<u><\/u><u><\/u><\/li>\n<li>Estimate R1 billion investment in Steenbras (over the next nine years) subject to all due diligence and legal and regulatory processes<u><\/u><u><\/u><\/li>\n<li>R640 million on solar PV; R53 million Cash for Power programme, which involves selling excess power back to the City<u><\/u><u><\/u><\/li>\n<li>R50 million in Battery Storage<u><\/u><u><\/u><\/li>\n<li>R32 million on waste-to-energy<u><\/u><u><\/u><\/li>\n<\/ul>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/energy\/680865\/sars-is-finding-a-new-way-to-get-info-on-taxpayers\/\" rel=\"bookmark\">SARS is finding a new way to get info on taxpayers<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The City of Cape Town plans to invest roughly R1.2 billion into the Steenbras Hydro Pumped Storage Scheme. <\/p>\n","protected":false},"author":95,"featured_media":681389,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[26],"class_list":["post-681353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/681353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=681353"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/681353\/revisions"}],"predecessor-version":[{"id":681391,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/681353\/revisions\/681391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/681389"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=681353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=681353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=681353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}