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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Libyan power plants still need gas

13 January 2021

Despite the rapid recovery in its oil production, Libya is still working to ensure fuel deliveries to GECOL's power plants.

Senegal pushes start date for GTA gas production back to 2023

11 January 2021

Senegal’s Oil Minister Sophie Gladima revealed last week that investors in the Grand Tortue/Ahmeyim (GTA) project had pushed the start date for natural gas production back to 2023.

Enel, Qatar Investment Authority to develop renewables in Africa

7 January 2021

Enel Green Power has farmed in a subsidiary of Qatar Investment Authority into its 800-MW renewables pipeline in South Africa and Zambia.

Eskom takes Koeberg reactor offline, prompting more load-shedding

7 January 2021

Eskom has closed Unit One at its 1,800-MW Koeberg nuclear power plant after leaks were found in one of the steam generators.

Siemens Gamesa seals first wind project in Ethiopia

7 January 2021

Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned utility Ethiopian Electric Power (EEP).

Nigeria to begin $1.6bn power investment in 2021

7 January 2021

The Nigerian government is confident that the World Bank-backed $1.6bn investment in the country’s transmission work will begin to be felt this year, with up to 7,000MW available through the grid.

GERD talks remain hostage to regional conflicts

7 January 2021

Regional unrest could derail the GERD project unless all governments involved remain committed to the success of the latest round of talks

Total asks some staff to vacate Mozambique LNG site on safety concerns

5 January 2021

France’s Total is reported to have asked some of the staff working on the construction of Mozambique LNG to vacate the site on security concerns.

Ethiopia preparing to scrap GTL contract following probe

4 January 2021

Ethiopia’s Ministry of Mines and Petroleum has announced plans to exit the contract it signed with US-based GreenComm Technologies last April for the construction of a new gas-to-liquids (GTL) plant in the Somali region.

AfDB secures $90mn in donor commitments to fund sustainable generation

17 December 2020

The African Development Bank (AfDB) has secured $90mn in new donor commitments for the Sustainable Energy Fund for Africa (SEFA), which aims to fund sustainable generation and nudge governments away from dirty and costly fossil fuel technology.

Nigeria opens EU-supported solar off-grid projects

17 December 2020

The Nigerian government has said it wants solar energy to improve access-to-power in rural areas as it opens a number of Solar Nigeria power projects across the country.

Green hydrogen has potential to compete with fossil fuels by 2030

17 December 2020

Hydrogen produced with renewable electricity, known as green hydrogen, could compete on costs with fossil fuel alternatives by 2030, the International Renewable Energy Agency (IRENA) has claimed in a new report.

ABB agrees to refund Eskom $105mn

17 December 2020

ABB has agreed to pay back ZAR1.56bn ($105mn) it had received from Eskom for what have proved to be fraudulent tender payments related to the construction of the Kusile Power Station.

Ethiopia, Sudan, Egypt all claim to be ready for GERD talks, but no breakthrough yet

17 December 2020

Ethiopia and Sudan have agreed to try to resume negotiations with Egypt on breaking the deadlock around construction of the Grand Ethiopian Renaissance Dam (GERD).

Green investment forecast to return to pre-COVID levels in 2021

17 December 2020

Global capex spending on ren–ewables is poised to bounce back in 2021, rising 8.5% to $255bn – in line with 2019 levels, IHS Markit Energy Advisory Service said this week.

Global electricity demand set for modest rebound after rapid fall in 2020

16 December 2020

The impact of the COVID-19 pandemic is set to be profound for power demand, with emerging economies driving recovery

Globeleq secures $250mn in debt funding for Temane gas-to-power project

15 December 2020

UK-based Globeleq and its partners in Central Termica de Temane (CTT) have secured up to $250mn worth of debt funding for a scheme that will use domestically produced natural gas to generate electricity.

Green growth in emerging economies continues in 2019, but the 2020 pandemic will cause pain

10 December 2020

The outlook for renewable energy growth in developing economies was exceptionally bright at the end of 2019, BloombergNEF (BNEF) has said in its annual Climatescope survey.

IRENA, AfDB to scale up renewable investment in Africa

10 December 2020

The International Renewable Energy Agency (IRENA) is to work with the African Development Bank (AfDB) to promote investment in low-carbon energy projects across the continent in a bid to drive forward the energy transition.

Standard Bank tightens coal financing rules but refuses to divest entirely

10 December 2020

South Africa’s Standard Bank is to maintain its funding of coal projects, but has tightened its investment criteria.

UN calls for green investment to meet UN targets

9 December 2020

Investing in green economic stimulus packages could reduce 2030 emissions by 25%, thereby making the Paris Agreement 2°C goal a possibility

Urgent action needed to decarbonise heating and cooling

3 December 2020

Heating and cooling based on renewable energy has emerged as an urgent priority for countries striving to meet climate goals and build resilient, sustainable economies.

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