The City of Cape Town has committed more than R1,2 billion over the medium term to energy infrastructure and alternative supply as part of its latest budget framework.
The allocation will fund upgrades to the Steenbras pumped storage scheme and support the procurement of additional energy sources as the city moves to reduce reliance on Eskom and strengthen electricity supply security.
According to the city, the investment will be directed towards infrastructure and programmes aimed at improving grid stability and enabling a more diversified energy mix.
A portion of the funding will be allocated to renewable energy procurement alongside upgrades to existing infrastructure to improve system flexibility and reliability.
“This budget affirms our plans to secure Cape Town’s dynamic, decentralised energy future,” said Mayoral Committee Member for Energy Xanthea Limberg.
The city said strengthening local generation and infrastructure will form part of its approach to mitigating supply risks and rising electricity costs while supporting a more resilient electricity system.
