Tag: power sector

Drones and Robotics : Offers cost effective solutions to power industry

Drones and Robotics have quickly found their places in electricity sector. Their cost effectiveness and ease of use, are expanding their employability in the industry. Use of drones and robotics for power grid inspection brings several advantages such as higher safety and low risks to maintenance technicians, reduction in maintenance equipment downtime, enhanced accuracy in data collection of an asset’s condition, reduced staffing need and associated employment cost, and more accurate asset inventory management. 

Read More

Clean Energy Financing in Africa

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%.

Read More

Rolls Royce to plan its first modular nuclear reactor in the UK

Rolls Royce, a British engineering company, intends to start up its first small modular nuclear reactor (SMR) in 2029. The government has already invested $274 million in Rolls Royce’s SMR development. Rolls Royce’s SMR design has been submitted to the UK’s nuclear regulator for approval.

Read More

Power Statistics Pocketbook for Selected African Countries

The Power Statistics Pocketbook for Selected African Countries was prepared by the Economic andSocial Statistics Division of the Statistics Department (ECST) of the African Development Bank in close collaboration with Energy Financial Solutions, Policy and Regulation Department. This Pocketbook represents the end of this cycle of data collection, verification and publication. The selection of 16 African countries for the power survey was chosen to serve as a representative sample.

Read More