The City of Cape Town’s ‘Building Hope’ budget for 2023/24 proposes continued investment in its Steenbras hydroelectric pumped storage scheme, laying the foundation for a potential estimated investment of about R1.2-billion over the next nine years on the maintenance and expansion of the plant.

City of Cape Town energy mayoral committee member councillor Beverley van Reenen says about R1-billion has been set aside for the refurbishment and extension of the 160 MW Steenbras scheme and about R200-million is earmarked for the maintenance of Steenbras.