The future of Nigeria’s natural gas industry looks promising, despite current production levels and limited infrastructure, according to a new report from African investment research agency Hawilti. While European markets are currently the main consumers of Nigerian gas, Hawilti’s report highlights the potential for growth in the domestic market. With demand expected to rise, investing […]
Category Archives: Energy
Africa: Energy, Renewable Energy, Green Energy, Gas, Oil, Electricity
Across the continent, countries in Africa are gearing up for the energy transition by implementing policy and legislative frameworks that take into account the energy crisis and the need for a renewable, decarbonized, decentralized energy supply that addresses climate change and the commitments made under the Paris Agreement. Ahead of the United Nations Climate Change […]
The climate change conference COP27 offers a unique opportunity to increase energy access and lay the foundations for decarbonisation across Africa, but wealthy nations must deliver on their climate finance pledges to unlock the continent’s potential, according to a new report. ‘Pathways for Africa’s Energy Future,’ a report from the technology group Wärtsilä, provides power system […]
The African Energy Chamber has released a report providing insights into the state of African energy in 2023. The report is intended to help global investors and energy companies make informed decisions about investing in Africa. The African Energy Chamber (AEC) – the voice of the African energy sector – is proud to announce the […]
Dr. Paul Bennett, Chairman of IEA Bioenergy to the IEA Bioenergy conference “Technology advances in liquid biofuels and renewable gas”. “Biomethane expansion is a strong tool to replace gas imports. With natural gas prices above 100 EUR/MWh, the competitiveness of biomethane has improved tremendously. Biomethane provides local solutions for waste, avoids emissions of methane and […]
Linda Mabhena-Olagunju, founder and CEO of DLO Energy Resources Group whose company owns the largest wind farm in South Africa has been ranked 7th out of 100 in the prestigious Choiseul 100 Africa listing making her the only South African on the list and 1 of 4 women included in this ranking. It is also […]
Fotech and C3SS have entered into a non-exclusive Memorandum of Understanding (MOU) to target specific African markets with Fotech’s fibre-enabled Distributed Acoustic Sensing (DAS) technology. This technology has the potential to revolutionize perimeter and infrastructure security in Africa, providing a much-needed boost to safety and security in the region. Under the terms of the MOU, […]
Ghana becomes the ninth ATI Member State to sign the RLSF MoU Ghana’s onboarding of RLSF will lead to significant progress in de-risking renewable energy projects, which should spur additional investments from project developers and lenders owing to the improved risk profile of the projects. RLSF is a joint initiative of ATI, the KfW Development […]
Global law firm Baker McKenzie recently advised Advanced Clean Energy Storage I, LLC, along with Mitsubishi Power Americas, Inc. and Magnum Development, LLC, in the United States (US) Department of Energy’s (DOE) USD 504.4 million loan guaranty to develop the world’s largest industrial green hydrogen facility in central Utah in the United States. Closed on […]
By Joonatan Huhdanmäki, Senior Analyst, Energy, Wärtsilä On the back of its recent and substantial oil and gas discoveries, Senegal is now preparing to ensure that its vast natural gas resources will help meet future electricity demand and put an end to the excessive electricity prices undermining its economy. Senegal’s domestic gas reserves will be mainly used to […]
Following the Q1 outlook, the Q2 report provides insight into the challenges, opportunities, and overall state of Africa’s energy sector. The African Energy Chamber (AEC) has released its Q2, 2022 outlook, the State of African Energy, providing detailed insight into current and emerging trends, challenges, and opportunities, and how the African energy sector is bouncing […]
Oped by Wallace Manyara, Business Development Manager, Region South & East Africa, Wärtsilä Energy To meet its growing energy needs and increase electricity access across the population, Mozambique must build 1.3 GW of new power capacity over the next decade. A further 2 GW would be needed to support the planned development of the Beluluane […]
Kenya has a long and generally successful track record of private sector participation in the energy sector. Like other African countries, affected by climate change, Kenya also experienced abnormally high rainfall, resulting in flooding that threatens food security in five counties. Tana River, Kisumu, Busia, Homa Bay and Migori counties are now depending on humanitarian […]
Africa’s population is the fastest-growing in the world – putting immense pressure on the development of Africa, especially the high demand for access to energy1. According to the Tracking Sustainable Development Goal (SDG) seven: The Energy Progress Report by the International Energy Agency, the International Renewable Energy Agency, the UN Department of Economic and Social […]
By Antoine Rostand, President and Founder of Kayrros The need to track and reduce greenhouse gas emissions has never been more urgent. According to the IPCC, “without increased and urgent mitigation in the coming years, leading to a sharp decline in greenhouse gas emissions by 2030, global warming will surpass 1.5C in the following decades, […]
Africa’s greenfield opportunity Global trends unearthed and analysed indicate that the chemicals sector is increasingly being driven by Environmental, Social, and Governance (ESG) considerations. It also indicates that decarbonisation is often a key rationale behind the investments (and divestments) in the sector, except for Africa where investments understandably lagged again this year. These are the […]
Mauritania is set to become a global energy hub with gas projects such as the GTA and the BirAllah. Previous gas discoveries in Mauritania coupled with efforts by the government to make gas central to driving economic growth and poverty reduction have positioned the northwest African country as an emerging global gas hub. Since the […]
A new hydropower approach that is being verified in Peru predicts significant potential In the last months, solar and wind power are significant momentum in the mining sector. With a new approach, hydropower could experience a renaissance in mining. Using natural surface waters for powering mines is often problematic because either the potential has been […]
Hydrogen has been garnering a lot of attention in recent times. At COP26, the UK government unveiled a hydrogen-powered train to ferry passengers to and from the summit in Glasgow. Indeed, there is a lot of hype at the moment, and Africa appears to be at the centre of many hydro-based conversations. An interactive boardroom […]
Speaking last week at the Smart Energy Forum in Lagos and Abuja in the presence of Nigeria’s top energy decision-makers, senior energy experts from Wärtsilä presented the latest results of an in-depth study that models the most cost-effective and reliable energy mix that can be built each year in Nigeria. Nigeria is the largest and […]
Fridays for Future activist and Time magazine cover star Vanessa Nakate joins activists calling for international banks and insurers to rule out financial support for the East African Crude Oil Pipeline (EACOP) French oil giant Total and the China National Offshore Oil Corporation’s controversial planned pipeline across Uganda and Tanzania will have catastrophic environmental and […]
The ongoing issues surrounding electricity supply in South Africa – not to mention climate-related discussions around the viability of the energy sector in general – has many businesses and building owners reconsidering whether those precious kWh units are going to waste unnecessarily. And just in case the obvious waste of money and energy that bad […]