AfrElec - Africa Power Monitor


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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.

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Exxaro to stop investing in new coal production

5 February 2021

South Africa’s Exxaro Resources is to stop investing in new thermal coal assets, although it will continue to produce and supply coal for domestic and international customers, chief executive Mxolisi Mgojo said.

The future for CSP

4 February 2021

Rapidly falling costs for CSP with storage mean the technology is becoming a more attractive option for green baseload power

TNOG wants to bring OML 17 output back up to 100,000 bpd

3 February 2021

TNOG Oil & Gas, a company established by Heirs Holdings Ltd and Transnational Corp. of Nigeria Plc (Transcorp), is looking to raise output more than three-fold at OML 17, a Nigerian licence area in which it recently acquired a 45% stake.

South African coal exports dip 2.8% in 2020

29 January 2021

Exports from South Africa’s Richard’s Bay Coal Terminal (RBCT) dipped 2.8% in 2020 to 70.2mn tonnes from 72.2mn tonnes in 2019, as COVID-19 disruptions began to bite.

South Africa set for new capacity and tariff reforms

29 January 2021

South Africa plans to procure 6,800 MW of renewable capacity over the next year through a total of three procurement rounds, in addition to 5,000 MW of new coal, gas and storage capacity.

Vale buys Mitsui’s Mozambique coal interests for $2 ahead of divestment

28 January 2021

Brazil’s Vale is to buy Mitsui & Co.’s 15% stake in Mozambique’s Moatize coal mine and its 50% interest in the Nacala Logistics Corridor (NLC) for $1 each.

TPDC to build five CNG filling stations in Dar es Salaam

26 January 2021

Tanzania Petroleum Development Corp. (TPDC) has announced plans to build five new CNG filling stations in Dar es Salaam before the end of the current fiscal year.

Total CEO, Mozambican president discuss security for LNG project

26 January 2021

Filipe Nyusi, the president of Mozambique, met with Patrick Pouyanné, the chairman and CEO of France’s Total last week to discuss security conditions in the northern Cabo Delgado province.

BW Energy increases stake In Kudu gas field

25 January 2021

BW Energy (Norway) has concluded a farm-in and carry agreement for Kudu, an offshore natural gas field, with the National Petroleum Corporation of Namibia (NAMCOR).

Eskom warns of three months of power cuts

21 January 2021

Eskom has warned that its current power cuts are likely to continue for up to three months as scheduled maintenance as well as unplanned outages create a supply deficit of up to 2,000 MW.

Lake Turkana wind farm to use AI to improve performance tracking

21 January 2021

AI service provider Clir Renewables has announced a partnership agreement with Kenya’s Lake Turkana Wind Power (LTWP) that will enhance wind farm performance tracking.

Kenya Power targets 55,000 SME customers with smart meters

21 January 2021

Kenya Power is to install smart meters at 55,000 customers in the small and medium enterprise (SME) sector across the country by June, funded by a KES1.25bn ($11mn) grant from the World Bank.

AfDB, EIB sign joint partnership action plan to fast-track development in Africa

21 January 2021

The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a joint partnership action plan that aims to strengthen co-operation and mutual development priorities.

Aker Horizons buys 75% stake in Mainstream to drive 5.5-GW expansion

20 January 2021

Aker Horizons is to pay $919mn to buy a 75% equity stake in Mainstream Renewable Power, valuing the developer at $1.11bn.

Green investment breaches $500mn barrier in 2020

20 January 2021

Green investment rose by 9% in 2020, with offshore wind and EVs showing the most dynamic growth

IEA calls for urgent action to cut methane emissions

20 January 2021

The IEA has called on companies, governments and regulators to reduce methane emissions from the oil and gas sector.

Africa’s electricity unlikely to go green this decade

15 January 2021

Research from the University of Oxford predicts that total electricity generation across the African continent will double by 2030, with fossil fuels continuing to dominate the energy mix.

GERD talks fail again

15 January 2021

The latest talks on the Grand Ethiopian Renaissance Dam (GERD) have again broken down, with the Egyptian side blaming differences on how to resume talks and on the procedural aspects related to managing the negotiation process.

Globeleq takes over Nigerian generator CPGNL

15 January 2021

Africa-focused IPP Globeleq is to take a 74% majority equity stake in Nigeria’s CPGNL Ltd (CPGNL), which will be rebranded as Globeleq Power Solutions Nigeria Ltd.

AfDB to mobilise $6.5bn to fight climate change and boost sustainability

14 January 2021

The African Development Bank (AfDB) has pledged to mobilise up to $6.5bn in funding for the Sahel region's Great Green Wall Initiative.

Edited by

Newsbase staff


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