Benefits of Renewable Energy Wheeling With NOA
It’s cleaner, cost-effective, and more reliable than Eskom-generated fossil fuel energy.
Decarbonisation Targets and ESG Metrics
Our solution design allows NOA’s portfolio of customers to reduce Scope 1 and Scope 2 emissions significantly. NOA’s aggregator model allows for higher renewable energy penetration, utilising wheeling to enable large-scale, customised supply.
By opting for NOA’s aggregated offering, businesses can significantly reduce their carbon footprint, ensure compliance with current and future legislation, and become more attractive to investors and customers.
Energy Cost Savings
NOA’s wheeled renewable energy solutions can offer 10-50% cost savings versus Eskom’s WEPS (Wholesale Energy Price System) tariff. In addition, NOA’s energy prices are inflation-linked, ensuring predictable and manageable cost increases. Due to Eskom’s often unpredictable and sharp price increases, NOA’s portfolio of customers experience material cost savings over the length of their contracts.
Reliable
With NOA aggregating renewable energy from multiple sites, customers have a more reliable supply. Wheeling enables NOA to develop large-scale projects at optimal locations throughout South Africa and reliably supply this energy to customers across South Africa.
Eskom’s establishment of an Independent Transmission Company is critical to ensuring sufficient investment to improve and expand the national grid, which is vital to NOA’s wheeling-enabled offering.
Quicker and Simple
NOA is in the process of developing its own assets and will purchase energy from trusted third-party IPPs, once it is granted its trading licence. Over the next few years, NOA’s fleet of generation facilities will reach commercial operations. Once established, NOA will seamlessly connect customers to renewable energy, realising significant cost savings and decarbonisation benefits.
By entering into a Power Purchase Agreement (PPA) with NOA Trading, clients have one PPA for all their renewable energy needs.