City of Cape Town opening up its electricity grid to energy traders [SOUND]

# The City of Cape Town is opening its electricity grid to private electricity sales and trading. Over 562-thousand-800 kilowatt-hours of power have already been generated and wheeled across the metro’s grid between private sector energy traders during the pilot phase. Mayor Geordin Hill-Lewis says they will now promote the scaling up of power trading across the electricity grid between qualifying private sellers based on bilateral and multi-lateral trading agreements: