According to the latest data sets from the Outlier, South Africans were forced to endure the highest degree of loadshedding on record last year. In 2022, citizens experienced 205/365 days of loadshedding – mostly between stages 1 and 4. While glaring, this pales in comparison to 2023, with daily blackouts across 335 days, comprising mostly stage 3 to 6 levels of loadshedding.
Category Archives: Energy
Africa: Energy, Renewable Energy, Green Energy, Gas, Oil, Electricity
Energy
Triple win: How Africa’s industrials can decarbonise, lower energy costs and increase reliability all at the same time
In African countries, particularly those with a well-developed industrial sector, a significant portion of energy production may come from the industry’s own power plants. This is especially true in countries where the reliability of the grid is low, and industries rely on self-generated power to ensure a stable energy supply. In this article, we are offering insights into our approach in supporting energy-intensive industries to optimise the use of renewable energy and reach their decarbonisation objectives.
Owendo Mineral Port (OMP), part of the pan-African group Arise Ports & Logistics, and British International Investment (BII), UK’s development finance institution and impact investor, announced a significant commitment to sustainable development with an investment of 2.6 million USD.
Explore the dynamic interplay of solar power and environmental impact. Address concerns and maximize benefits with insights on solar energy and solar panels.
The global climate verdict echoes with even greater clarity post-COP28: it’s time for transformational, actionable steps rather than elusive inertia, attention-grabbing promises.
Huawei announces the appointment of Philippe Wang as the new President Digital Power for Huawei Northern Africa (North, West and Central Africa).
Today, Acumen launched Hardest-to-Reach, a $250 million initiative to activate clean energy markets in Africa’s underserved geographies.
Energy, Nigeria News
“Decarbonising Nigeria is feasible with current power technologies – and will not cost more”: Wale Yusuff, Managing Director, Wärtsilä Nigeria
Meeting last week in Abuja and Lagos for the 2023 Energy Transition Forum, Nigeria’s leading energy experts have outlined the country’s roadmap to decarbonisation, and discussed what it will take to deliver universal access to clean energy for Nigerian households and businesses.
With the recent unprecedented changes in climate (with extreme weather events becoming more frequent and intense; the recent flooding in New York city, followed by the devastating storms and floods in the Western Cape) and as the climate continues to change, the infrastructure that we have long depended on is showing signs of strain. On that, it’s now more important than ever for South Africans to be choosing solar energy, being a clean and renewable source, as it not only reduces our dependence on fossil fuels but also ensures that we leave a healthier planet for future generations.
The opportunities for building a sustainable future for Africa are at least as great as the challenges, writes Christian Toben, Head of Financial Institutions for Emerging Markets at Commerzbank. Here, he discusses some of the positive initiatives that are helping to drive forward the continent’s ESG agenda and the crucial role of financial institutions in supporting Africa’s potential to step onto the global stage as a green energy hub.