AfrElec - Africa Power Monitor
Renergen launches South Africa’s first ever LNG auctions
Renergen has launched South Africa’s first ever auction of LNG by opening a bidding contest for future LNG production streams from the Victoria Gas Project.
Sluggish oil prices led Uganda’s ERA to keep power tariffs steady in Q3-2020
Uganda’s Electricity Regulatory Authority (ERA) has reportedly identified sluggish crude oil markets as the main factor underlying its decision to keep electricity tariffs steady in the third quarter of 2020.
Chevron confirms plan to buy Sasol’s indirect stake in Escravos GTL plant
The US major Chevron has confirmed that one of its subsidiaries is slated to acquire additional equity in the Escravos gas-to-liquid (EGTL) plant from South Africa’s Sasol.
Total reveals details of Mozambique LNG financing deal
France’s Total has divulged some details of a recently signed financing agreement that will cover around three quarters of the projected costs of the Mozambique LNG project.
No deal again for GERD
Egypt has called on Ethiopia to clarify if it has indeed started to fill the $4bn Great Ethiopian Renaissance Dam, after reports in regional media this week that water levels has started to rise.
SA urged to pursue renewables to meet Paris targets and avoid higher tariffs
Increasing investment in renewables will allow South Africa to meet power future demand, reduce emissions and meet its Paris Agreement commitments.
Green hydrogen costs predicted to fall
Hydrogen produced by green electricity could be cheaper than hydrogen produced by burning natural gas by 2030.
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