Virtual wheeling is a financial mechanism that facilitates the sale and delivery of electricity from Independent Power Producers (IPPs) to end-users via an existing transmission or distribution network. This innovative solution allows businesses to access renewable energy without needing a direct connection to the generator, resulting in cost savings, enhanced energy security, and a reduced carbon footprint.
Traditionally, wheeling referred to the transfer of privately generated energy from the point of generation, e.g. a solar farm in the Northern Cape, to an Eskom-connected high-voltage consumer in a different geographical location. However, there are practical and contractual challenges in leveraging traditional wheeling at a scale to mitigate the current energy crisis.
Enabling Virtual Wheeling: Mezzanine’s Involvement
Mezzanine’s Virtual Wheeling Platform (VWP) is a digital tool for collecting, aggregating, accounting, processing, and reporting Time of Use (ToU) data for energy generation and consumption. This data is necessary for Eskom to calculate the Buyer’s Wheeled Energy Refund (WER).
ESKOM recently launched the virtual wheeling mechanism to stimulate the supply and increase demand for renewable energy sources by:
Additional Resources and Next Steps
Talk to us to ensure you meet the Buyer’s contractual obligations stipulated in the Eskom Virtual Wheeling Agreement to claim your monthly refunds.
To download the documentation and enter into a Virtual Wheeling Agreement with Eskom, click on the button below.
Access the Virtual Wheeling Platform FAQ’s by clicking the button below.
Contact Us
If you are an Energy Trader, Buyer, Municipality, or Independent Power Producer interested in using the Mezzanine Virtual Wheeling Platform, contact us to arrange an introduction and discuss its value to your organisation.
Marius Koch
Managing Executive: Utility Asset Management
mkoch@mezzanineware.com
+27 82 446 5544