AfrElec - Africa Power Monitor

1 August 2023

Global coal use to remain at record high says IEA

30 July 2023

Global coal use rose to a record high in 2022, and with strong growth forecast in Asia for power generation and industrial applications, coal is expected to remain close to an all-time high in 2023, the International Energy Agency predicted.

Snow on the ground in Johannesburg in July sees load shedding return

29 July 2023

Electricity outages had eased recently but that relief was brought to an abrupt end this week as a cold front swept across the country, bringing freezing temperatures and, in Johannesburg, snow.

ArcelorMittal South Africa posts $25mn loss in half year to June 2023 due to worsening electricity shortage

28 July 2023

ArcelorMittal South Africa posted a $25mn loss induced by electricity shortages in the interim period to June 30 but expects steel demand from renewable energy projects to boost sales over the remainder of 2023.

Africa’s untapped offshore wind energy potential

28 July 2023

A background paper by the African Development Bank (AfDB) estimates that Africa has an annual offshore renewable energy production potential of 44.52 TWh of electricity.

Algeria accepts 77 proposals for establishing 2-GW solar plants

28 July 2023

Algeria's state-owned gas utility Sonelgaz said on July 26 it had accepted 77 proposals from local and international firms bidding to establish 2 GW of solar energy plants after opening the technical bids in an auction.

Costs surge in offshore wind, rattling the sector

26 July 2023

Swedish giant utility Vattenfall recently halted a wind farm project, the Norfolk Boreas offshore site off the UK, citing costs that had become inflated by 40%.

InvestAfrica set to secure 35% stake in Kenya’s battery distributor

26 July 2023

Dubai-based InvestAfrica FZCO is expected to invest more money in Kenya’s cash-strapped battery distributor Eveready EA Plc, more than the KES145mn ($1.02mn) the Nairobi Stock Exchange says it needs to be in a better cash position.

Aseel Oilfield secures energy, minerals deals in Zanzibar

25 July 2023

The government of Zanzibar has entered into deals with Dubai-based Aseel Oilfield Services involving investments in energy and mineral projects, a development that is intended to diversify the island’s economy that is largely dependent on tourism.

South Africa’s power utility Eskom needs more time, resources to finance grid expansion, says minister

25 July 2023

South African Minister for Electricity Kgosientsho Ramokgopa said strengthening the grid would take more time and resources than the struggling state-run power utility Eskom could afford.

Suspension of electricity generation at South Africa's nuclear facility, Koeberg, has cost the economy $6.7bn in 18 months, energy expert says

25 July 2023

A South African energy expert estimates that the closure of one unit at the country’s sole NPP has cost the economy $6.7bn as well as refurbishment costs. The Koeberg unit, which can generate 920 MW of electricity, has been shut for 18 months.