CAPE TOWN, South Africa, July 4, 2012 /PRNewswire/ — With the latest supply of power grids, power generation efficiency and movement toward energy-efficient buildings, Africa is at the brink of a green energy revolution – or is it really? The Frost & Sullivan Energy and Power Systems business unit will be hosting a complimentary web conference that will be contextualising the direction and scale of energy investment in Africa. The web conference will take place on 10 July 2012, at 15:00 CAT (14:00 BST).
Various countries have introduced feed-in tariffs and, in addition, the need for supplementary power in remote locations is on the increase. At the same time, the costs of RE technologies have been decreasing, becoming ever more competitive. Many companies are bracing themselves for grid parity pricing – and will hail an era of rapid green technology expansion.
“The electricity industry in Africa is increasingly competitive as a result of attractive feed-in tariffs and infrastructure development on the continent,” notes Frost & Sullivan’s Business Unit Leader for Energy and Power Cornelis van der Waal. “The awareness of sustainable development has become a feature of project development and there is a need for balance between economic and environmental sustainability.”
Green technology, however, is not always the best solution for a developing economy – and hence; policy makers have to be careful in their allocation of green energy when industrial expansion is required. The question remains – what is best for the continent – going green or seeking a least cost solution. This web conference will look at the opportunities currently presented and the expected long term energy mix for the Dark Continent.
Highlights of the briefing will also include a discussion around feed-in tariffs and green technology deployment in Africa, policy developments and the impact on the continent and identifying main entry barriers and level of competition. The briefing will also be beneficial to energy strategists, policy makers, OEM’s, project developers and financing companies for all types of energy projects in Africa.
To participate in this complimentary webinar, please email Samantha James at email@example.com, Corporate Communications, with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, an online registration link will be e-mailed to you. You may also register to receive a recorded version of the analyst briefing at anytime by submitting the aforementioned contact details.
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SOURCE Frost & Sullivan