Wärtsilä Energy Archives - AfricaBusiness.com

19Aug

By Africa BusinessNo Comments

Energy, Madagascar News

Wärtsilä signs Decarbonisation Agreement for Madagascan power plant

Technology group Wärtsilä’s renewal of its existing Operations and Maintenance (O&M) agreement with QIT Madagascar Minerals S.A (QMM), part of the Rio Tinto group, has been expanded to include a Decarbonisation Agreement. The Agreement is a groundbreaking offering in the energy sector, and allows for optimising all of the assets in the microgrid, including renewable energy usage, thereby not only reducing emissions but also producing notable cost savings. The continued O&M agreement covers QMM’s 24 MW engine power plant located at the company’s ilmenite mineral sands mine at Fort Dauphin in south-eastern Madagascar. The order was booked by Wärtsilä in June 2024. The key elements of the agreement include optimised dispatch of the plant’s six Wärtsilä 32 engines and QMM’s battery ...

Triple win: How Africa’s industrials can decarbonise, lower energy costs and increase reliability all at the same time

11Feb

By Africa BusinessNo Comments

Energy

Triple win: How Africa’s industrials can decarbonise, lower energy costs and increase reliability all at the same time

By Ella Teperi, General Manager, Market & Financial Analysis, Decarbonisation Services at Wärtsilä Energy 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. In Africa, just like anywhere else, energy-intensive businesses are under great pressure to decrease CO2 emissions as they continue to compete in the global marketplace. Wär...

Accelerating the deployment of renewable energy will save West African countries hundreds of millions of dollars by the end of decade, says Wärtsilä

9Jun

By Africa BusinessNo Comments

Energy, Guinea News, Mauritania, Senegal News

Accelerating the deployment of renewable energy will save West African countries hundreds of millions of dollars by the end of decade, says Wärtsilä

A strategy shift in favour of renewables will bring significant economic advantages as power systems are expanded. Speaking last week at the West Africa Energy Transition Forum in Dakar in the presence of key energy decision-makers, experts from Wärtsilä shared insights on the impact renewables will have on power system cost, flexibility, and stability in West Africa. They presented the results of their latest study which investigates Senegal’s optimal power system expansion. The study revealed that speeding up the deployment of renewable energy beyond what is currently planned will lead to a staggering $700 Millions of savings until 2035, primarily because of the massive decrease in fuel costs that it will generate. Significant cost savings are also expected in other West African countri...

21Mar

By Africa BusinessNo Comments

Energy, Green Energy, Main

Africa can adopt renewable energy on a massive scale and save billions along the way

Oped by Kenneth Engblom Vice President, Wartsila Energy, Europe and Africa Africa’s energy future at a crossroad When it comes to building the future of energy in Africa, the decisions facing the continent’s leaders today are nothing less than of historical importance. More than anything else, energy systems are the very fabric of business and society. Countries across Africa want to make good on their objective of building huge amounts of new generation capacity to anticipate on vast increases in energy demand and set the continent on the path of growth and development it deserves. Africa knows where it needs to go. The big question is how. And more specifically: what is the most cost-effective energy mix that can be built to deliver all the new electricity capacity that is needed? Win...

17Oct

By Nicolas MathonNo Comments

Energy, Nigeria News

Resilience is the mother of all virtues… and the key to unlocking successful independent power projects in Nigeria

By Nicolas Mathon, Director, Project Development, Africa and Europe, Wärtsilä Energy The successful completion of the Azura Edo 450 MW gas-fired power project in 2016 was hailed at the time as setting the blueprint for future independent power projects in Nigeria. The $900 million plant, which gathered 20 international banks and equity financing partners from more than nine countries, took over six years of project development and construction. It was intended to provide a pathway for others to enter into similar agreements and unlock financing for power sector investment. But five years on, no new independent power projects have come to fruition. Today, grid generating potential is just over 12 GW in Nigeria. More than 40% of the population lack access to electricity, and those with ...