Energy Archives - Page 4 of 10 - AfricaBusiness.com

African Countries Must Develop Strategic Fiscal Policies to Survive Oil and Gas Industry Changes on Horizon

21Nov

By NJ AyukNo Comments

Angola News, Cameroon News, Energy, Gabon News

African Countries Must Develop Strategic Fiscal Policies to Survive Oil and Gas Industry Changes on Horizon

The future of the global oil and gas industry has been a subject of great fascination and debate for decades. Since COVID-19 surfaced, there has been even more conjecture on this topic and, in particular, the most likely timing for “peak oil,” when crude production reaches its maximum rate before going into permanent decline. Predictions run the gamut: OPEC’s latest World Oil Outlook, for example, forecasts increasing oil demand for two more decades. But the International Energy Agency stated in its 2020 World Energy Outlook report that demand for oil probably will plateau after 2030. And the 2020 energy outlook from BP states that the world has already passed peak oil and predicts even greater drops in demand as countries comply with carbon dioxide abatement measures. While no one can p...

Hybrid solutions are the most effective way to deliver reliable clean power to remote off-grid mining operations in Africa

10Nov

By Tarik SfendlaNo Comments

Burkina Faso News, Energy, Green Energy, Mali News, Tanzania News

Hybrid solutions are the most effective way to deliver reliable clean power to remote off-grid mining operations in Africa

Op-ed by Tarik Sfendla, Market Development Manager, Africa chez Wärtsilä Energy Business The energy markets are undergoing a massive transformation as governments around the world transition away from fossil fuels towards the integration of renewable energy. This trend is clearly visible in the mining industry as demonstrated by recent power projects in South America and in Australia. According to Bloomberg New Energy Finance, in 2018, mines purchased 1 GW of renewable energy generation assets; this amount tripled to reach approximately 3.5 GW in 2019, 90% of which consist of hybrid solutions. Electricity demand for the mining industry is expected to increase significantly in the coming years as increased mine depth, harder rock and greater water desalination needs lead to higher energy in...

Without flexibility, the energy revolution in Africa will not take place

25Jun

By Ville RimaliNo Comments

Energy, Green Energy

Without flexibility, the energy revolution in Africa will not take place

It is no longer disputable that the energy transition integrating renewable energies into the grid is a reality that is unfolding globally. This can be observed at different rates and scales according to the countries, but the constant increase in demand and the continuous drop in the prices of these technologies will imply that renewable energies will constitute the basis of the power supply to the electrical networks in the future. It is, in fact, more of a revolution than a transition, given the rapidity with which the share of renewable energy is growing today, and the fall already noted in the prices of the renewable kWh produced. The same goes for the African continent, and in particular in North and West Africa, where Egypt, Morocco and Senegal have already embarked (on admittedly d...

Energy storage technology will make blackouts in Africa ancient history

15Jun

By Risto PaldaniusNo Comments

Energy, Green Energy

Energy storage technology will make blackouts in Africa ancient history

A shift from Africa’s traditional approach to power generation is needed to unleash the continent’s clean energy potential and secure an African future free from blackouts. A strategy centred around energy storage and flexible power systems will be the key to guaranteeing the reliability of a high-renewable grid, while also lowering the cost of electricity for Africans. As Africa’s economies and populations steadily grow, so too does the demand for reliable electricity. Simply put, new power plants need to be built, and the reliability of electricity systems needs to be vastly improved. But here is the challenge: How can African countries build an electrical system that can both integrate a large amount of inexpensive but intermittent renewable energy, while at the same time ensure resilie...

Fueling the future of oil and gas infrastructure

9Jul

By Stephan BurgerNo Comments

Energy, Events, South Africa News

Fueling the future of oil and gas infrastructure

Stephan Burger, Vice President MOGS Oil & Gas Services In this Op-Ed piece MOGS Vice President Stephan Burger speaks to the theme of Africa Oil and Power - the continent's premier platform for energy investment. AOP’s theme #MakeEnergyWork will showcase the energy sector as a key driver of economic growth, jobs and opportunity for Africa’s people and private sectors. MOGS Oil & Gas Services (MOGS) is a Pan-African operator, investor and developer of oil and gas midstream infrastructure across the African continent. The company develops and operates fuel import terminals, storage and blending facilities. A subsidiary of African investment company Royal Bafokeng Holdings, MOGS is a majority partner in the South Africa-based energy infrastructure company, Sunrise Energy, which is r...

9Aug

By Africa BusinessNo Comments

Interview

Energy access related start-ups have been among the most prominent of the start-up scene in the recent years in East Africa

Exclusive interview with Paras Patel, Investment Manager, Energy Access Ventures, Kenya. At the upcoming Future Energy East Africa, he is a part of a panel discussion on the potential of mini grids. 1) Let’s start with some background on Energy Access Ventures and the work that you do there. Energy Access Ventures (EAV) is a venture fund that invests in early stage and growth companies that employ technologies and innovative business models linked to the access of electricity and its benefit in Sub-Saharan Africa. Due to the poor lack of political will and public investments in infrastructure, African business and industries are at the forefronts of finding other means to bypass these challenges though disruptive and innovative technologies an business models. Through ye...

9Aug

By Harry ValentineNo Comments

Energy, Main, South Africa News

Future Options to Store Energy near Cape Town’s City Centre

Electric power arrived at Cape Town around 1900 with the construction of a coal-fired, steam-driven power station located near the Victoria and Alfred dockyard area. The location offered 2-advantages in that the power station was close to the unloading area of coal ships that could sail from Durban. The second advantage was that close proximity to the sea allowed for seawater cooling of the exhaust-steam condensers. For several years, City of Cape Town owned that power station that closed in 1965 and ended electric trolleybus operation in the city. Table Mountain Pumped Storage: Very recently, City of Cape Town officials have expressed interest in once again operating a power station. At the present time, the topography of Cape Town offers an option to introduce pumped hydraulic energy s...

9Aug

By Harry ValentineNo Comments

Energy, Main, South Africa News

An Option for Energy Efficiency and Water Production at Cape Town

Summary: The thermal capacity of seawater off Cape Town’s coast can be applied to reduce the energy consumption of commercial scale refrigerators and air-conditioners as well as sustain the energy efficient operation of refrigeration-based technology that extracts potable water from humid air. Introduction: During successive summer seasons that extend over a period of decades, the City of Cape Town has encouraged citizens to save water. The usual weather patter involves winter rainfall that is stored in mountain dams to provide Cape Town with water over the hot and dry summer season. Perhaps as a result of changing weather patterns occurring internationally, the winter of 2016 recorded unusually low levels of rainfall in the catchment areas for Cape Town’s main dams. The result was that...

16Mar

By Africa BusinessNo Comments

South Africa News

Konecranes presents the world’s first hybrid reach stacker

Konecranes is a world-leading group of Lifting Businesses™ offering lifting equipment and services that improve productivity in a wide variety of industries. The company is listed on NASDAQ OMX Helsinki Ltd (symbol: KCR1V). With over 12,000 employees at more than 600 locations in almost 50 countries we have the resources, technology and determination to deliver on the promise of Lifting Businesses™. Konecranes is proud to announce the introduction of the world’s first hybrid reach stacker - the SMV 4531 TB5 HLT for container handling, with a lifting capacity of 45 tons. It features a hybrid diesel/electric driveline, electrified hydraulic lifting system, and a super capacitor based energy storage. This innovative lift truck will cut fuel consumption and emissions w...

23Dec

By Africa BusinessNo Comments

Energy, Green Energy

Dropping Solar Power Tariff Rates Spurring Indian Photovoltaic Generator Market

Netscribes launches report on the Photovoltaic Generator Market in India 2012 as part of Netscribes’ Energy and Utilities report series. Mumbai, India, December, 2012 --(PR.com)-- Solar PV power generation has long been acknowledged as a superior form of clean energy technology with vast potential, assuming its cost component can be significantly reduced. It draws upon the planet’s most plentiful and extensively distributed renewable energy resource, the sun. The latest report from Netscribes Inc delves deep into this dynamic market propelled by the photovoltaic generator and makes a comprehensive study of the equipment’s market in the country and its ever increasing role in the solar power generation infrastructure. The report begins with an introduction ...