AfrElec - Africa Power Monitor

Category
Power

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Overview

AfrElec’s covers coal and gas-fired thermal power, nuclear, renewables, hydro, combined heat and power (CHP), transmission, grid and storage. It also covers the political and investment decisions needed to improve access to electricity for Africa’s expanding population.

Timely, accurate, on-the-ground news and analysis is vital to investors, developers, engineers and businesses, both regionally and internationally.

AfrElec will analyse key project, policy and investment issues and offers insight into what will come next in the power sector. It offers the latest commentary on the geopolitical framework, energy policy, tendering and investment – and assesses the risks inherent in working in the African business environment.

AfrElec is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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South Africa's NECSA agrees to cooperate with Russian nuclear fuel company TVEL

2 August 2023

TVEL provides consumed nuclear fuel for Russian and international nuclear power plants (NPPs). One of every six nuclear reactors in the world operates on fuel manufactured by the ROSATOM unit.

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.

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