The “Africa’s Extraordinary Green Hydrogen Potential” report represents the first detailed research of the feasible development of green hydrogen across the continent. The new study combines analysis of investment opportunities focusing on three hubs: Mauritania – Morocco, southern Africa and Egypt with a roadmap of technical, economic, environmental and financial solutions to unlock commercial development.
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As the world’s youngest continent, IRENA’s report Renewable Energy Market Analysis: Africa and its Regions, reveals a global reduction in carbon dioxide emissions in line with the Paris agreement could have a significant, positive impact on gross domestic product (GDP), job creation, and welfare across Africa, through ways such as reduced climate impacts, improved public health, and the creation of new industries that support the Energy Transition in and outside of Africa.
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Globally we expect to see over 1200GW of new solar capacity come online between 2022 and 2031 while the Sub Saharan Africa (SSA) region will represent just below 1% of this growth, despite exhibiting excellent solar potential. The MENA and SSA regions are forecasted to have 26.1GW and 8.6GW respectively come online by 2031 which represent 2.2% and 0.7% of global growth respectively.
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The ongoing global energy crisis is a relatively short-term interruption affecting the global clean energy transition pace. Currently, several African nations are net exporters of oil and gas (O&G), largely to European markets. The current export volumes provide revenue streams for countries like Algeria and Nigeria, but in other countries like Tanzania and Uganda multinational O&G majors are promoting new development opportunities.
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This report, part of the State of Climate Finance in Africa series, provides a deep dive analysis of tracked climate finance in Nigeria in 2019/2020. While data gaps limit a fully comprehensive assessment, the key purpose of this case study is to inform and facilitate discussions among policymakers and public and private financiers, identifying gaps and opportunities for scaling climate finance in Nigeria.
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IEA’s new report focuses on the eight countries in the greater Horn of Africa region. It recommends pathways to accelerate clean energy transitions and analyses energy trends across the region. It also highlights policy-relevant best practices for accelerating energy access, energy sector development and transition to cleaner energy sources.
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Revego Africa Energy Limited (Revego), Africa’s first YieldCo focused on operating renewable energy projects in Sub-Saharan Africa, has acquired equity interests in three Solar PV projects through its investment in the Revego Africa Energy Fund. The acquisitions comprise the Aries Solar Park and Konkoonsies Solar Park, both located in the Northern Cape as well as Soutpan Solar Park located in Limpopo.
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Creating the foundation for transforming the G5 Sahel countries from power fragility to power resilience by establishing sustainable and widespread energy supplies aptly summarises the objectives of 2021 for the Desert to Power (DtP) Initiative. This progress report by the African Development Bank for the G5 Sahel countries covers January to December 2021. It highlights progress made towards the five, key priority objectives for 2021 and outlines emerging priorities for 2022.
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The report compares Africa’s climate action with the rest of the world by contrasting differences in climate action and development levels. It classifies climate action by four criteria: per capita greenhouse gas emissions, per capita CO2 emissions from fossil fuel consumption, carbon cost of growth, and the rate of per capita energy use relative to a critical minimum.
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The government of Togo has floated a tender to choose bidders for establishing and funding a 50 MW grid-connected solar photovoltaic project. The project will be situated near Sokode. This program is an initiative to support multiple low-income, fragile, and conflict-affected states to achieve energy security and sustainable low-carbon growth.
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Over 600 million people in Africa lack access to energy, while the 46 percent of the population in Africa who do have access use less than all of Spain alone. Lack of energy access suffocates the continent’s economy, resulting in diminished growth compared to other developing regions. As the African population rapidly increases, the demand for reliable energy, secure jobs, and a sustainable future will increase in tandem.
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The total cost of implementing NDCs in Africa is estimated at USD 2.8 trillion over 2020- 2030. This includes the estimation of loss and damage when provided by countries. Of this, national governments have committed to providing USD 264 billion (about 10%), with the remaining USD 2.5 trillion identified as climate finance needs. Across all African regions, reported needs greatly exceed country allocations from national government budgets.
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While Africa accounts for almost one‐fifth of the world’s population, it attracts less than 5% of global energy investment. This is spread unevenly across the continent. Ten countries accounted for 90% of private investment in energy and electricity infrastructure on the continent over the last ten years, South Africa alone accounting for nearly 40%. Total energy investment in Africa was already declining prior to the pandemic and fell even more quickly in 2020, by over 20%.
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The IEA is deploying a capacity reinforcement programme for African energy experts and professionals. To maximise the value and long-term payoff of training sessions organized under the programme, the IEA is proposing to a community of African experts regular webinars to share analyses on energy. The latest one by IEA Africa University was on “Electricity and gas markets in Africa”
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In Africa, the most noticeable trend has been the transition towards decentralized power solutions. Solar home systems have also moved from being a niche sector dominated by non-governmental organizations to being considered a mainstream investment led by the big players. Energy investors who have traditionally focused on grid-scale generation are now investing in, buying or developing businesses in this area in Africa.
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Hydrogen is expensive to distribute via shipping and pipeline, which is why today the large majority of it is manufactured at the point of consumption. Realistically, is Europe going to be willing to pay that very significant price difference? North African governments and firms should therefore be wary of promises of large export markets for expensive to manufacture and ship green hydrogen, and the synthetic fuels made from it.
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Egypt has achieved an electrification rate of more than 95 per cent. However, due to rapid population growth and an expanding economy, the country continues to witnesses an increase in energy demand. Given Egypt’s limited and depleting fossil fuel endowments, the country is now turning to renewable energy to meet the rising power demand.
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The total energy access gap is pretty huge in Nigeria. Even for those who do have access to power, the power supply is unreliable and unstable. Thus, there is a lot that needs to be done. The federal government of Nigeria has taken huge steps towards bridging the existing energy access gap. A number of policies and regulations have been introduced to promote solar power in Nigeria to not take over but supplement the main grid.
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At REGlobal’s 2nd edition of “Solar Power in Africa” conference, Anita Otubu, Head – PMU, Nigeria Electrification Project gave a presentation on the various solar power plans and policies in the country of Nigeria. In her presentation, she discussed the schemes and regulations to promote solar power in Nigeria; progress made so far in these countries; and initiatives to address the challenges that lie ahead.
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At REGlobal’s 2nd edition of “Solar Power in Africa” conference, Martin Lyambai, Advisor, Renewable Energy and Private Sector Development, GIZ gave a presentation on solar power growth and outlook in the African continent. In his presentation, he discussed the growth trends, key drivers, and barriers; cost trends and emerging business models; and future outlook and the way forward.
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