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  •   The ECOWAS Regional Electricity Code is the main topic on the agenda of a workshop to be held in Dakar Senegal from September 13 16 2022 Energy experts from ECOWAS Member States the European Union the Directorate of Energy and Mines and relevant specialized agencies of ECOWAS and certain regional institutions have four days to validate the draft of the document under review The official opening ceremony was presided over by Mr Issa Dione Chief of Staff representing HE Mrs A ssatou Sophie Gladima Minister of Petroleum and Energy of Senegal He on behalf of his country thanked ECOWAS and the European Union and then outlined the objectives of the Emerging Senegal Plan which would address the country s energy challenges through the development policy mandate of the new sector The Chief of Staff reiterated that the energy sector in the region still faces important structural challenges According to him a stronger regulatory framework was needed to face existing challenges which would increase private sector investments and improve sustainable access to electricity for the population He concluded with a call to the participants We hope that as you deliberate with a specific focus on the harmonization of the laws and texts that govern the electricity sector in the ECOWAS region we will have a regional electrical code that is solid and meets the requirements of a regional market and the broader global context Also present the representative of the EU expressed the importance that his institution attaches to such a valuable document to address the structural challenges of the region with respect to the implementation of laws that allow a single energy market better access to electricity for the population and capital of the private sector mobilization Capably representing the ECOWAS Commissioner for Infrastructure Energy and Digitization Sediko Douka the Director of Energy and Mines Mr Bayaornibe Dabire began by thanking the Senegalese authorities on behalf of HE Omar Alieu Touray President of the Commission for ECOWAS for the facilities provided for the workshop He also conveyed ECOWAS s expression of gratitude to the European Union for its continued support in helping to build a fully integrated energy sector in the region He further stated that the adoption of a regional electrical code is one of the flagship activities of the ECOWAS Commission program Improving Energy Governance for West Africa AGoSE AO in conjunction with the European Union under the 11th EDF The 32 million program aims to improve regional governance of the energy sector and help ECOWAS Member States meet the following three objectives 1 ensure universal access to modern energy services 2 double the energy efficiency to minimize total energy consumption and 3 double the share of renewable energy in the global energy mix Still speaking the ECOWAS Director of Energy and Mines recalled that NTU International the team responsible for developing the regional electrical code had already submitted the two deliverables the Data Collection Evaluation and Code Description Report as well as the code preview The initial report on the Draft Code was reviewed in October 2021 in Ouagadougou The experts comments then formed the basis for the revised version of the draft regional code which is the item on the agenda of this workshop He reminded the participants of the objective of the workshop which was to engage in a careful review of the revised draft code to ensure that the provisions are a harmonization of legal and institutional instruments to improve the governance of the energy sector in our region Mr Dabire encouraged constructive discussions that would ensure the presentation of a refined document for approval by the ECOWAS Energy Ministers The following are expected results of the workshop validated definition of the general principles validated articles on the organization and operation of the energy sector in West Africa validated technical provisions and standards relating to electricity
    Energy experts from the Economic Community of West African States (ECOWAS) ready to validate a Regional Electricity Code
      The ECOWAS Regional Electricity Code is the main topic on the agenda of a workshop to be held in Dakar Senegal from September 13 16 2022 Energy experts from ECOWAS Member States the European Union the Directorate of Energy and Mines and relevant specialized agencies of ECOWAS and certain regional institutions have four days to validate the draft of the document under review The official opening ceremony was presided over by Mr Issa Dione Chief of Staff representing HE Mrs A ssatou Sophie Gladima Minister of Petroleum and Energy of Senegal He on behalf of his country thanked ECOWAS and the European Union and then outlined the objectives of the Emerging Senegal Plan which would address the country s energy challenges through the development policy mandate of the new sector The Chief of Staff reiterated that the energy sector in the region still faces important structural challenges According to him a stronger regulatory framework was needed to face existing challenges which would increase private sector investments and improve sustainable access to electricity for the population He concluded with a call to the participants We hope that as you deliberate with a specific focus on the harmonization of the laws and texts that govern the electricity sector in the ECOWAS region we will have a regional electrical code that is solid and meets the requirements of a regional market and the broader global context Also present the representative of the EU expressed the importance that his institution attaches to such a valuable document to address the structural challenges of the region with respect to the implementation of laws that allow a single energy market better access to electricity for the population and capital of the private sector mobilization Capably representing the ECOWAS Commissioner for Infrastructure Energy and Digitization Sediko Douka the Director of Energy and Mines Mr Bayaornibe Dabire began by thanking the Senegalese authorities on behalf of HE Omar Alieu Touray President of the Commission for ECOWAS for the facilities provided for the workshop He also conveyed ECOWAS s expression of gratitude to the European Union for its continued support in helping to build a fully integrated energy sector in the region He further stated that the adoption of a regional electrical code is one of the flagship activities of the ECOWAS Commission program Improving Energy Governance for West Africa AGoSE AO in conjunction with the European Union under the 11th EDF The 32 million program aims to improve regional governance of the energy sector and help ECOWAS Member States meet the following three objectives 1 ensure universal access to modern energy services 2 double the energy efficiency to minimize total energy consumption and 3 double the share of renewable energy in the global energy mix Still speaking the ECOWAS Director of Energy and Mines recalled that NTU International the team responsible for developing the regional electrical code had already submitted the two deliverables the Data Collection Evaluation and Code Description Report as well as the code preview The initial report on the Draft Code was reviewed in October 2021 in Ouagadougou The experts comments then formed the basis for the revised version of the draft regional code which is the item on the agenda of this workshop He reminded the participants of the objective of the workshop which was to engage in a careful review of the revised draft code to ensure that the provisions are a harmonization of legal and institutional instruments to improve the governance of the energy sector in our region Mr Dabire encouraged constructive discussions that would ensure the presentation of a refined document for approval by the ECOWAS Energy Ministers The following are expected results of the workshop validated definition of the general principles validated articles on the organization and operation of the energy sector in West Africa validated technical provisions and standards relating to electricity
    Energy experts from the Economic Community of West African States (ECOWAS) ready to validate a Regional Electricity Code
    Africa2 weeks ago

    Energy experts from the Economic Community of West African States (ECOWAS) ready to validate a Regional Electricity Code

    The ECOWAS Regional Electricity Code is the main topic on the agenda of a workshop to be held in Dakar, Senegal, from September 13-16, 2022.

    Energy experts from ECOWAS Member States, the European Union, the Directorate of Energy and Mines and relevant specialized agencies of ECOWAS, and certain regional institutions have four days to validate the draft of the document under review.

    The official opening ceremony was presided over by Mr. Issa Dione, Chief of Staff, representing HE Mrs. Aïssatou Sophie Gladima, Minister of Petroleum and Energy of Senegal.

    He, on behalf of his country, thanked ECOWAS and the European Union and then outlined the objectives of the Emerging Senegal Plan, which would address the country's energy challenges through the development policy mandate of the new sector.

    The Chief of Staff reiterated that the energy sector in the region still faces important structural challenges.

    According to him, a stronger regulatory framework was needed to face existing challenges, which would increase private sector investments and improve sustainable access to electricity for the population.

    He concluded with a call to the participants: “We hope that as you deliberate, with a specific focus on the harmonization of the laws and texts that govern the electricity sector in the ECOWAS region, we will have a regional electrical code that is solid.

    and meets the requirements of a regional market and the broader global context.” Also present, the representative of the EU expressed the importance that his institution attaches to such a valuable document to address the structural challenges of the region, with respect to the implementation of laws that allow a single energy market, better access to electricity for the population and capital of the private sector.

    mobilization.

    Capably representing the ECOWAS Commissioner for Infrastructure, Energy and Digitization, Sediko Douka, the Director of Energy and Mines, Mr. Bayaornibe Dabire, began by thanking the Senegalese authorities on behalf of HE Omar Alieu Touray, President of the Commission for ECOWAS, for the facilities provided.

    for the workshop.

    He also conveyed ECOWAS's expression of gratitude to the European Union for its continued support in helping to build a fully integrated energy sector in the region.

    He further stated that the adoption of a regional electrical code is one of the flagship activities of the ECOWAS Commission program "Improving Energy Governance for West Africa (AGoSE-AO)", in conjunction with the European Union under the 11th EDF.

    The €32 million program aims to improve regional governance of the energy sector and help ECOWAS Member States meet the following three objectives: (1) ensure universal access to modern energy services, (2) double the energy efficiency to minimize total energy consumption and (3) double the share of renewable energy in the global energy mix.

    Still speaking, the ECOWAS Director of Energy and Mines recalled that NTU International, the team responsible for developing the regional electrical code, had already submitted the two deliverables, the Data Collection, Evaluation and Code Description Report, as well as the code preview.

    The initial report on the Draft Code was reviewed in October 2021, in Ouagadougou.

    The experts' comments then formed the basis for the revised version of the draft regional code, which is the item on the agenda of this workshop.

    He reminded the participants of the objective of the workshop, which was to engage in a careful review of the revised draft code to ensure that the provisions are a harmonization of legal and institutional instruments to improve the governance of the energy sector in our region.

    Mr. Dabire encouraged constructive discussions that would ensure the presentation of a refined document for approval by the ECOWAS Energy Ministers.

    The following are expected results of the workshop: validated definition of the general principles; validated articles on the organization and operation of the energy sector in West Africa; validated technical provisions and standards relating to electricity.

  •  Boris Johnson on Thursday pledged 700 million 815 million in funding for the new Sizewell C nuclear power station as he prepares to hand over power as UK prime minister The cash unveiled at the Sizewell site in eastern England comes as he seeks to improve UK energy security and fend off criticism over rocketing domestic fuel prices Sizewell C is expected to be constructed in partnership with French energy firm EDF and could power the equivalent of about six million homes We need to pull our national finger out and get on with Sizewell C Johnson said in one of his last major policy speeches as prime minister That s why we re putting 700 million into the deal just part of the 1 7 billion of government funding available for developing a large scale nuclear project to final investment stage in this parliament In the course of the next few weeks I am absolutely confident that it will get over the line Sizewell C would create tens of thousands of jobs he vowed The government had already given the go ahead in July to the plant to generate low carbon electricity Johnson added it would be madness not to go ahead with the project which would fix the energy needs not just of this generation but of the next Johnson will step down next Tuesday handing the keys of 10 Downing Street to either Liz Truss or Rishi Sunak after an internal Conservative party leadership contest He was forced to quit in July after dozens of resignations from his government in protest at a series of scandals I say to you with the prophetic candour and clarity of one who is about to hand over the torch of office I say go nuclear and go large and go with Sizewell C the PM added And he reaffirmed a government pledge to build a nuclear reactor every year Whoever follows me next week I know that they will do the same The UK is seeking to safeguard energy security after key producer Russia sent prices rocketing with its invasion of Ukraine Thursday s announcement comes almost one week after news that British households will face an eye watering 80 percent hike in electricity and gas bills from October Regulator Ofgem which announced the move last Friday blamed the staggering increase on spiking wholesale gas prices in the wake of the Ukraine war UK inflation is in double digits and forecast to hit 13 percent in the coming months worsening the cost of living crisis
    Johnson goes nuclear in parting shot as UK PM
     Boris Johnson on Thursday pledged 700 million 815 million in funding for the new Sizewell C nuclear power station as he prepares to hand over power as UK prime minister The cash unveiled at the Sizewell site in eastern England comes as he seeks to improve UK energy security and fend off criticism over rocketing domestic fuel prices Sizewell C is expected to be constructed in partnership with French energy firm EDF and could power the equivalent of about six million homes We need to pull our national finger out and get on with Sizewell C Johnson said in one of his last major policy speeches as prime minister That s why we re putting 700 million into the deal just part of the 1 7 billion of government funding available for developing a large scale nuclear project to final investment stage in this parliament In the course of the next few weeks I am absolutely confident that it will get over the line Sizewell C would create tens of thousands of jobs he vowed The government had already given the go ahead in July to the plant to generate low carbon electricity Johnson added it would be madness not to go ahead with the project which would fix the energy needs not just of this generation but of the next Johnson will step down next Tuesday handing the keys of 10 Downing Street to either Liz Truss or Rishi Sunak after an internal Conservative party leadership contest He was forced to quit in July after dozens of resignations from his government in protest at a series of scandals I say to you with the prophetic candour and clarity of one who is about to hand over the torch of office I say go nuclear and go large and go with Sizewell C the PM added And he reaffirmed a government pledge to build a nuclear reactor every year Whoever follows me next week I know that they will do the same The UK is seeking to safeguard energy security after key producer Russia sent prices rocketing with its invasion of Ukraine Thursday s announcement comes almost one week after news that British households will face an eye watering 80 percent hike in electricity and gas bills from October Regulator Ofgem which announced the move last Friday blamed the staggering increase on spiking wholesale gas prices in the wake of the Ukraine war UK inflation is in double digits and forecast to hit 13 percent in the coming months worsening the cost of living crisis
    Johnson goes nuclear in parting shot as UK PM
    Foreign4 weeks ago

    Johnson goes nuclear in parting shot as UK PM

    Boris Johnson on Thursday pledged £700 million ($815 million) in funding for the new Sizewell C nuclear power station, as he prepares to hand over power as UK prime minister.

    The cash, unveiled at the Sizewell site in eastern England, comes as he seeks to improve UK energy security and fend off criticism over rocketing domestic fuel prices.

    Sizewell C is expected to be constructed in partnership with French energy firm EDF and could power the equivalent of about six million homes.

    “We need to pull our national finger out and get on with Sizewell C,” Johnson said in one of his last major policy speeches as prime minister.

    “That’s why we’re putting £700 million into the deal, just part of the £1.

    7 billion of government funding available for developing a large-scale nuclear project to final investment stage in this parliament.

    “In the course of the next few weeks I am absolutely confident that it will get over the line.

    ” Sizewell C would create “tens of thousands of jobs”, he vowed.

    The government had already given the go-ahead in July to the plant to generate low-carbon electricity.

    Johnson added it would be “madness” not to go ahead with the project which would “fix the energy needs, not just of this generation but of the next”.

    Johnson will step down next Tuesday, handing the keys of 10 Downing Street to either Liz Truss or Rishi Sunak after an internal Conservative party leadership contest.

    He was forced to quit in July after dozens of resignations from his government in protest at a series of scandals.

    “I say to you, with the prophetic candour and clarity of one who is about to hand over the torch of office, I say go nuclear and go large and go with Sizewell C,” the PM added.

    And he reaffirmed a government pledge to build a nuclear reactor every year.

    “Whoever follows me next week, I know that they will do the same.

    ” The UK is seeking to safeguard energy security after key producer Russia sent prices rocketing with its invasion of Ukraine.

    Thursday’s announcement comes almost one week after news that British households will face an eye-watering 80-percent hike in electricity and gas bills from October.

    Regulator Ofgem, which announced the move last Friday, blamed the staggering increase on spiking wholesale gas prices in the wake of the Ukraine war.

    UK inflation is in double-digits and forecast to hit 13 percent in the coming months, worsening the cost of living crisis.

  •  The Nigerians in Diaspora Commission s NiDCOM Chairman Mrs Abike Dabiri Erewa has lauded Gov Kayode Fayemi of Ekiti for approving 250 hectares of land in Irele for Diaspora livestock farming The Chairman in a statement issued by Abdur Rahman Balogun Head of Media Public Relations and Protocols Unit NiDCOM described Fayemi s decision as a right step in right direction According to her such gesture is worth of emulation as an incentive to encourage the Diasporans back home to invest to their homeland Dabiri Erewa said that Diasporans in all endeavours were making Nigeria proud home and abroad and were actively involved in investing back home through projects such as the livestock production farming The chairman who referred to Fayemi as diaspora friendly governor urged other governors to provide incentives geared towards encouraging Nigerians abroad to come and invest back in the country The NIDCOM boss equally implored other Nigerians in the diaspora to emulate the Ekiti indigenes in the Diaspora by identifying developmental projects back home with the state Governments providing enabling environment to thrive The News Agency of Nigeria on Wednesday in Abuja report that the EDF who facilitated the process said that the first phase of the project will be a cattle ranch Also a Special Purpose Vehicle SPV for the project in the state which is known as Ekiti Kete Livestock Development Company Limited by the group has been established and registered The initial funding over the three years for the first phase of the project is expected to be N1 billion Also with the final approval by the governor the coast is now clear for the company to sign an MOU with Vietnam Africa Economic Cooperation Alliance VAECA which is going to be the company s technical partner after which work on the project will begin NewsSourceCredit NAN
    Dabiri-Erewa lauds Fayemi for approval of Diaspora livestock farm
     The Nigerians in Diaspora Commission s NiDCOM Chairman Mrs Abike Dabiri Erewa has lauded Gov Kayode Fayemi of Ekiti for approving 250 hectares of land in Irele for Diaspora livestock farming The Chairman in a statement issued by Abdur Rahman Balogun Head of Media Public Relations and Protocols Unit NiDCOM described Fayemi s decision as a right step in right direction According to her such gesture is worth of emulation as an incentive to encourage the Diasporans back home to invest to their homeland Dabiri Erewa said that Diasporans in all endeavours were making Nigeria proud home and abroad and were actively involved in investing back home through projects such as the livestock production farming The chairman who referred to Fayemi as diaspora friendly governor urged other governors to provide incentives geared towards encouraging Nigerians abroad to come and invest back in the country The NIDCOM boss equally implored other Nigerians in the diaspora to emulate the Ekiti indigenes in the Diaspora by identifying developmental projects back home with the state Governments providing enabling environment to thrive The News Agency of Nigeria on Wednesday in Abuja report that the EDF who facilitated the process said that the first phase of the project will be a cattle ranch Also a Special Purpose Vehicle SPV for the project in the state which is known as Ekiti Kete Livestock Development Company Limited by the group has been established and registered The initial funding over the three years for the first phase of the project is expected to be N1 billion Also with the final approval by the governor the coast is now clear for the company to sign an MOU with Vietnam Africa Economic Cooperation Alliance VAECA which is going to be the company s technical partner after which work on the project will begin NewsSourceCredit NAN
    Dabiri-Erewa lauds Fayemi for approval of Diaspora livestock farm
    Foreign4 weeks ago

    Dabiri-Erewa lauds Fayemi for approval of Diaspora livestock farm

    The Nigerians in Diaspora Commission’s (NiDCOM) Chairman,  Mrs Abike Dabiri-Erewa has lauded Gov. Kayode Fayemi of Ekiti for approving 250-hectares of land in Irele for Diaspora livestock farming.

    The Chairman in a statement issued by Abdur-Rahman Balogun, Head of Media, Public Relations and Protocols Unit NiDCOM, described Fayemi’s decision as a right step in right direction According to her such gesture is worth of emulation as an incentive to encourage the Diasporans back home to invest to their homeland.

    Dabiri-Erewa said that Diasporans in all endeavours were making Nigeria proud home and abroad and were actively involved in investing back home through projects such as the livestock production farming.

    The chairman, who referred to Fayemi as diaspora- friendly governor, urged other governors to provide incentives geared towards encouraging Nigerians abroad to come and invest back in the country.

    The NIDCOM boss equally implored other Nigerians in the diaspora to emulate the Ekiti indigenes in the Diaspora by identifying developmental projects back home with the state Governments providing enabling environment to thrive.

    The News Agency of Nigeria on Wednesday in Abuja , report that the EDF who facilitated the process said that the first phase of the project will be a cattle ranch.

    Also, a Special Purpose Vehicle (SPV) for the project in the state which is known as Ekiti Kete Livestock Development Company Limited by the group has been established and registered.

    The initial funding over the three years for the first phase of the project is expected to be N1 billion.

    Also, with the final approval by the governor, the coast is now clear for the company to sign an MOU with Vietnam-Africa Economic Cooperation Alliance (VAECA) which is going to be the company’s technical partner after which work on the project will begin.


    NewsSourceCredit: NAN

  •  European electricity prices soared to new records on Friday presaging a bitter winter as Russia s invasion of Ukraine inflicts economic pain across the continent The year ahead contract for German electricity reached 995 euros 995 per megawatt hours while the French equivalent surged past 1 100 euros a more than tenfold increase in both countries from last year In Britain energy regulator Ofgem said it would increase the electricity and gas price cap almost twofold from October 1 to an average 3 549 4 197 per year Ofgem blamed the increase on the spike in global wholesale gas prices after the lifting of Covid restrictions and Russian curbs on supplies The Czech Republic which holds the rotating European Union presidency announced Friday that it would convene an EU energy crisis summit at the earliest possible date Energy prices have soared in Europe as Russia has slashed natural gas supplies to the continent with fears of more drastic cuts in the winter amid tensions between Moscow and the West over the war One fifth of European electricity is generated by gas fired power plants so drops in supply inevitably lead to higher prices European gas prices on Friday reached 341 euros per MWh near the all time high of 345 euros it struck in March The war is not the only culprit in France The shutdown of several nuclear reactors due to corrosion issues has contributed to the French electricity price increase as power production has dramatically decreased in the country Only 24 of the 56 reactors operated by energy giant EDF were online on Thursday France which traditionally exports electricity is now an importer Winter is going to be a tough period for all the countries in Europe Giovanni Sgaravatti research assistant at the Bruegl think tank in Brussels told AFP Prices will stay high possibly they can even go higher he said Recession probably unavoidable A Bruegel study found that European Union countries have allocated 236 billion euros from September 2021 to August 2022 to shield households and firms from rising energy prices which began to increase as countries emerged from Covid restrictions and soared after the war In recent days and weeks countries have announced energy savings campaigns to encourage the public to reduce power consumption during the winter Germany announced Wednesday that the temperature of public administrative offices this winter would be capped at 19 degrees Celsius 66 degrees Fahrenheit while hot water would be shut off The German measures also include a ban on heating private swimming pools from September and over the six months that the decree is in place Finland is encouraging its citizens to lower their thermostats take shorter showers and spend less time in saunas a national tradition French households are shielded by an energy price cap until December 31 for now Industries are also affected by the soaring energy prices Factories that produce ammonia an ingredient to make fertiliser announced the suspension of their operations in Poland Italy Hungary and Norway this week HSBC bank warned in a note that recession is probably unavoidable in the eurozone with the economy shrinking in the fourth quarter and the first three months of 2023
    Europe electricity prices soar as tough winter looms
     European electricity prices soared to new records on Friday presaging a bitter winter as Russia s invasion of Ukraine inflicts economic pain across the continent The year ahead contract for German electricity reached 995 euros 995 per megawatt hours while the French equivalent surged past 1 100 euros a more than tenfold increase in both countries from last year In Britain energy regulator Ofgem said it would increase the electricity and gas price cap almost twofold from October 1 to an average 3 549 4 197 per year Ofgem blamed the increase on the spike in global wholesale gas prices after the lifting of Covid restrictions and Russian curbs on supplies The Czech Republic which holds the rotating European Union presidency announced Friday that it would convene an EU energy crisis summit at the earliest possible date Energy prices have soared in Europe as Russia has slashed natural gas supplies to the continent with fears of more drastic cuts in the winter amid tensions between Moscow and the West over the war One fifth of European electricity is generated by gas fired power plants so drops in supply inevitably lead to higher prices European gas prices on Friday reached 341 euros per MWh near the all time high of 345 euros it struck in March The war is not the only culprit in France The shutdown of several nuclear reactors due to corrosion issues has contributed to the French electricity price increase as power production has dramatically decreased in the country Only 24 of the 56 reactors operated by energy giant EDF were online on Thursday France which traditionally exports electricity is now an importer Winter is going to be a tough period for all the countries in Europe Giovanni Sgaravatti research assistant at the Bruegl think tank in Brussels told AFP Prices will stay high possibly they can even go higher he said Recession probably unavoidable A Bruegel study found that European Union countries have allocated 236 billion euros from September 2021 to August 2022 to shield households and firms from rising energy prices which began to increase as countries emerged from Covid restrictions and soared after the war In recent days and weeks countries have announced energy savings campaigns to encourage the public to reduce power consumption during the winter Germany announced Wednesday that the temperature of public administrative offices this winter would be capped at 19 degrees Celsius 66 degrees Fahrenheit while hot water would be shut off The German measures also include a ban on heating private swimming pools from September and over the six months that the decree is in place Finland is encouraging its citizens to lower their thermostats take shorter showers and spend less time in saunas a national tradition French households are shielded by an energy price cap until December 31 for now Industries are also affected by the soaring energy prices Factories that produce ammonia an ingredient to make fertiliser announced the suspension of their operations in Poland Italy Hungary and Norway this week HSBC bank warned in a note that recession is probably unavoidable in the eurozone with the economy shrinking in the fourth quarter and the first three months of 2023
    Europe electricity prices soar as tough winter looms
    Foreign1 month ago

    Europe electricity prices soar as tough winter looms

    European electricity prices soared to new records on Friday, presaging a bitter winter as Russia’s invasion of Ukraine inflicts economic pain across the continent.

    The year-ahead contract for German electricity reached 995 euros ($995) per megawatt hours while the French equivalent surged past 1,100 euros — a more than tenfold increase in both countries from last year.

    In Britain, energy regulator Ofgem said it would increase the electricity and gas price cap almost twofold from October 1 to an average £3,549 ($4,197) per year.

    Ofgem blamed the increase on the spike in global wholesale gas prices after the lifting of Covid restrictions and Russian curbs on supplies.

    The Czech Republic, which holds the rotating European Union presidency, announced Friday that it would convene an EU energy crisis summit “at the earliest possible date”.

    Energy prices have soared in Europe as Russia has slashed natural gas supplies to the continent, with fears of more drastic cuts in the winter amid tensions between Moscow and the West over the war.

    One-fifth of European electricity is generated by gas-fired power plants, so drops in supply inevitably lead to higher prices.

    European gas prices on Friday reached 341 euros per MWh, near the all-time high of 345 euros it struck in March.

    The war is not the only culprit in France.

    The shutdown of several nuclear reactors due to corrosion issues has contributed to the French electricity price increase as power production has dramatically decreased in the country.

    Only 24 of the 56 reactors operated by energy giant EDF were online on Thursday.

    France, which traditionally exports electricity, is now an importer.

    “Winter is going to be a tough period for all the countries in Europe,” Giovanni Sgaravatti, research assistant at the Bruegl think tank in Brussels, told AFP.

    “Prices will stay high, possibly they can even go higher,” he said.

    Recession ‘probably unavoidable’ A Bruegel study found that European Union countries have allocated 236 billion euros from September 2021 to August 2022 to shield households and firms from rising energy prices, which began to increase as countries emerged from Covid restrictions and soared after the war.

    In recent days and weeks, countries have announced energy savings campaigns to encourage the public to reduce power consumption during the winter.

    Germany announced Wednesday that the temperature of public administrative offices this winter would be capped at 19 degrees Celsius (66 degrees Fahrenheit) while hot water would be shut off.

    The German measures also include a ban on heating private swimming pools from September and over the six months that the decree is in place.

    Finland is encouraging its citizens to lower their thermostats, take shorter showers and spend less time in saunas, a national tradition.

    French households are shielded by an energy price cap until December 31 for now.

    Industries are also affected by the soaring energy prices.

    Factories that produce ammonia — an ingredient to make fertiliser — announced the suspension of their operations in Poland, Italy, Hungary and Norway this week.

    HSBC bank warned in a note that “recession is probably unavoidable” in the eurozone, with the economy shrinking in the fourth quarter and the first three months of 2023.

  •   The third regional data collection workshop on the development of Africa s 2nd Biennial Report on Disaster Risk Reduction DRR was held from August 9 10 in Dakar Senegal The event focused solely on the Economic Community of West African States ECOWAS region Opening the event Mr Abdoulaye Noba Director General of Civil Protection of the Republic of Senegal expressed his country s gratitude to the AUC for choosing Senegal to host the event He highlighted the 2004 AU Strategy for DRR as an important basis for monitoring progress in Disaster Risk Reduction Management in the Continent Representing the AU Commission Mr Harsen Nyambe Director of Sustainable Environment and Blue Economy SEBE pointed out that data is essential in DRR and further emphasized that data is very important to achieve the implementation of DRR programs projects and activities in the Commission The African Multi Hazard Early Warning and Action System AMHEWAS program demonstrates the need for accurate and timely data The Director also noted that the urban resilience program currently being developed by the Commission is highly dependent on the availability of data Speaking at the opening of the event ECOWAS DRR and Humanitarian Division Chief Mr Mohammed Ibrahim praised the AU Program of Action PoA on the implementation of the Sendai Framework for DRR as an agenda key for the continent in disaster reduction risk He encouraged participants to draw on their technical expertise in the process of reporting and compiling accurate data He cited data collection as a major challenge in DRR and emphasized the need to disaggregate data Member States also presented their best practices ranging from formulating and implementing DRR policy instruments upgrading equipment to establishing a multi hazard early warning operations center among others One of the key needs identified to strengthen data collection and harmonization in Member States was capacity building for experts as well as the incorporation and analysis of geospatial information for DRR Member States represented at the event were Niger Liberia Guinea Bissau Ghana Gambia Ivory Coast Benin Togo Sierra Leone Nigeria and Senegal Other entities represented included the Africa Science and Technology Advisory Group on DRR AfSTAG and the Africa Youth Advisory Board on DRR The workshop followed two earlier workshops on data collection targeting member states of the Intergovernmental Authority on Development IGAD and the East African Community EAC in June 2022 and member states of the Unione Mugreb Arab UMA and the Economic Community of Central African States ECCAS in July 2022 The final data collection workshop will focus on member states of the Southern African Development Community SADC The workshop is scheduled for September 2022 The development of the biennial report is supported by the European Union through the Intra ACP 11th EDF Natural Disaster Risk Reduction Programme and the Kingdom of Sweden through UNDP in the framework of the Sahel Resilience Project
    Leveraging Member States’ technical expertise is critical in disaster risk reduction documentation
      The third regional data collection workshop on the development of Africa s 2nd Biennial Report on Disaster Risk Reduction DRR was held from August 9 10 in Dakar Senegal The event focused solely on the Economic Community of West African States ECOWAS region Opening the event Mr Abdoulaye Noba Director General of Civil Protection of the Republic of Senegal expressed his country s gratitude to the AUC for choosing Senegal to host the event He highlighted the 2004 AU Strategy for DRR as an important basis for monitoring progress in Disaster Risk Reduction Management in the Continent Representing the AU Commission Mr Harsen Nyambe Director of Sustainable Environment and Blue Economy SEBE pointed out that data is essential in DRR and further emphasized that data is very important to achieve the implementation of DRR programs projects and activities in the Commission The African Multi Hazard Early Warning and Action System AMHEWAS program demonstrates the need for accurate and timely data The Director also noted that the urban resilience program currently being developed by the Commission is highly dependent on the availability of data Speaking at the opening of the event ECOWAS DRR and Humanitarian Division Chief Mr Mohammed Ibrahim praised the AU Program of Action PoA on the implementation of the Sendai Framework for DRR as an agenda key for the continent in disaster reduction risk He encouraged participants to draw on their technical expertise in the process of reporting and compiling accurate data He cited data collection as a major challenge in DRR and emphasized the need to disaggregate data Member States also presented their best practices ranging from formulating and implementing DRR policy instruments upgrading equipment to establishing a multi hazard early warning operations center among others One of the key needs identified to strengthen data collection and harmonization in Member States was capacity building for experts as well as the incorporation and analysis of geospatial information for DRR Member States represented at the event were Niger Liberia Guinea Bissau Ghana Gambia Ivory Coast Benin Togo Sierra Leone Nigeria and Senegal Other entities represented included the Africa Science and Technology Advisory Group on DRR AfSTAG and the Africa Youth Advisory Board on DRR The workshop followed two earlier workshops on data collection targeting member states of the Intergovernmental Authority on Development IGAD and the East African Community EAC in June 2022 and member states of the Unione Mugreb Arab UMA and the Economic Community of Central African States ECCAS in July 2022 The final data collection workshop will focus on member states of the Southern African Development Community SADC The workshop is scheduled for September 2022 The development of the biennial report is supported by the European Union through the Intra ACP 11th EDF Natural Disaster Risk Reduction Programme and the Kingdom of Sweden through UNDP in the framework of the Sahel Resilience Project
    Leveraging Member States’ technical expertise is critical in disaster risk reduction documentation
    Africa1 month ago

    Leveraging Member States’ technical expertise is critical in disaster risk reduction documentation

    The third regional data collection workshop on the development of Africa's 2nd Biennial Report on Disaster Risk Reduction (DRR) was held from August 9-10 in Dakar, Senegal.

    The event focused solely on the Economic Community of West African States (ECOWAS) region.

    Opening the event, Mr. Abdoulaye Noba, Director General of Civil Protection of the Republic of Senegal, expressed his country's gratitude to the AUC for choosing Senegal to host the event.

    He highlighted the 2004 AU Strategy for DRR as an important basis for monitoring progress in Disaster Risk Reduction/Management in the Continent.

    Representing the AU Commission, Mr. Harsen Nyambe, Director of Sustainable Environment and Blue Economy (SEBE) pointed out that data is essential in DRR and further emphasized that "data is very important to achieve the implementation of DRR programs, projects and activities.

    in the Commission.

    The African Multi-Hazard Early Warning and Action System (AMHEWAS) program demonstrates the need for accurate and timely data.” The Director also noted that the urban resilience program currently being developed by the Commission is highly dependent on the availability of data.

    Speaking at the opening of the event, ECOWAS DRR and Humanitarian Division Chief, Mr. Mohammed Ibrahim, praised the AU Program of Action (PoA) on the implementation of the Sendai Framework for DRR as an agenda key for the continent in disaster reduction.

    risk.

    He encouraged participants to draw on their technical expertise in the process of reporting and compiling accurate data.

    He cited data collection as a major challenge in DRR and emphasized the need to disaggregate data.

    Member States also presented their best practices, ranging from formulating and implementing DRR policy instruments, upgrading equipment to establishing a multi-hazard early warning operations center, among others.

    One of the key needs identified to strengthen data collection and harmonization in Member States was capacity building for experts, as well as the incorporation and analysis of geospatial information for DRR.

    Member States represented at the event were Niger, Liberia, Guinea Bissau, Ghana, Gambia, Ivory Coast, Benin, Togo, Sierra Leone, Nigeria and Senegal.

    Other entities represented included the Africa Science and Technology Advisory Group on DRR (AfSTAG) and the Africa Youth Advisory Board on DRR.

    The workshop followed two earlier workshops on data collection, targeting member states of the Intergovernmental Authority on Development (IGAD) and the East African Community (EAC) in June 2022, and member states of the Unione Mugreb Arab (UMA) and the Economic Community.

    of Central African States (ECCAS) in July 2022.

    The final data collection workshop will focus on member states of the Southern African Development Community (SADC).

    The workshop is scheduled for September 2022.

    The development of the biennial report is supported by the European Union through the Intra-ACP 11th EDF Natural Disaster Risk Reduction Programme, and the Kingdom of Sweden through UNDP in the framework of the Sahel Resilience Project.

  •   The French government said Friday that it had activated a crisis task force to coordinate efforts to alleviate the impacts of a historic drought exacerbated by a third extreme heatwave of the summer Water restrictions have already been ordered in nearly all of France s 96 mainland departments with 62 at the highest alert level and the Meteo France weather agency has forecast little relief for the coming weeks This drought is the worst ever recorded in our country the situation could persist for the next two weeks or become even worse the office of Prime Minister Elisabeth Borne said in a statement The dry conditions are a disaster for farmers across the country as well as for our ecosystems and biodiversity it added And soaring temperatures have increased the evaporation of lakes and rivers whose levels have fallen just as irrigation needs are increasing ahead of autumn harvests The state controlled electricity provider EDF has also had to reduce output at several nuclear plants because river temperatures have become too high which means water used to cool reactors cannot be safely returned to natural waterways Faced with this historic situation the prime minister has decided to activate an interdepartmental crisis task force and urges everyone to conserve our water resources her office said But the statement did not address growing criticism over exceptions that have been granted to golf courses which are being allowed to continue watering greens even in departments now on drought crisis alert Several other European countries have also issued severe drought warnings with the EU urging members this week to re use treated urban wastewater for the continent s parched farms The crisis has kindled fears that yields of grain and other crops will suffer further raising food prices already climbing in part from the disruptions caused by Russia s ongoing invasion of Ukraine
    France orders crisis task force over ‘historic’ drought
      The French government said Friday that it had activated a crisis task force to coordinate efforts to alleviate the impacts of a historic drought exacerbated by a third extreme heatwave of the summer Water restrictions have already been ordered in nearly all of France s 96 mainland departments with 62 at the highest alert level and the Meteo France weather agency has forecast little relief for the coming weeks This drought is the worst ever recorded in our country the situation could persist for the next two weeks or become even worse the office of Prime Minister Elisabeth Borne said in a statement The dry conditions are a disaster for farmers across the country as well as for our ecosystems and biodiversity it added And soaring temperatures have increased the evaporation of lakes and rivers whose levels have fallen just as irrigation needs are increasing ahead of autumn harvests The state controlled electricity provider EDF has also had to reduce output at several nuclear plants because river temperatures have become too high which means water used to cool reactors cannot be safely returned to natural waterways Faced with this historic situation the prime minister has decided to activate an interdepartmental crisis task force and urges everyone to conserve our water resources her office said But the statement did not address growing criticism over exceptions that have been granted to golf courses which are being allowed to continue watering greens even in departments now on drought crisis alert Several other European countries have also issued severe drought warnings with the EU urging members this week to re use treated urban wastewater for the continent s parched farms The crisis has kindled fears that yields of grain and other crops will suffer further raising food prices already climbing in part from the disruptions caused by Russia s ongoing invasion of Ukraine
    France orders crisis task force over ‘historic’ drought
    Foreign2 months ago

    France orders crisis task force over ‘historic’ drought

    The French government said Friday that it had activated a crisis task force to coordinate efforts to alleviate the impacts of a “historic” drought exacerbated by a third extreme heatwave of the summer.

    Water restrictions have already been ordered in nearly all of France’s 96 mainland departments, with 62 at the highest alert level, and the Meteo-France weather agency has forecast little relief for the coming weeks.

    “This drought is the worst ever recorded in our country… the situation could persist for the next two weeks or become even worse,” the office of Prime Minister Elisabeth Borne said in a statement.

    The dry conditions are a “disaster” for farmers across the country as well as for “our ecosystems and biodiversity,” it added.

    And soaring temperatures have increased the evaporation of lakes and rivers whose levels have fallen just as irrigation needs are increasing ahead of autumn harvests.

    The state-controlled electricity provider EDF has also had to reduce output at several nuclear plants because river temperatures have become too high, which means water used to cool reactors cannot be safely returned to natural waterways.

    “Faced with this historic situation, the prime minister has decided to activate an interdepartmental crisis task force and urges everyone to conserve our water resources,” her office said.

    But the statement did not address growing criticism over exceptions that have been granted to golf courses, which are being allowed to continue watering greens even in departments now on drought crisis alert.

    Several other European countries have also issued severe drought warnings, with the EU urging members this week to re-use treated urban wastewater for the continent’s parched farms.

    The crisis has kindled fears that yields of grain and other crops will suffer, further raising food prices already climbing in part from the disruptions caused by Russia’s ongoing invasion of Ukraine.

  •  President Muhammadu Buhari says a total of 266 ecological projects have been completed across the country in the last seven years 2015 2022 The president disclosed this at the inauguration of a compendium of ecological projects undertaken by his administration shortly before the commencement of the Federal Executive Council FEC meeting on Wednesday in Abuja He said 332 ecological projects were approved during the period under review out of which 266 were accomplished while 66 are at different stages of completion He commended the Secretary to the Government of the Federation and the Management Team of the Ecological Project Office EPO for judicious use of available resources to implement approved projects as well as the initiative for the publication He also directed Ministries Departments and Agencies MDAs to showcase their performance and achievements to the public by leveraging on the benefits accruable to government from the commendable efforts of the EPO He said the enormity of Nigeria s ecological problems and inherited infrastructural deficit in general has the tendency like the proverbial drop in the ocean to always drown our achievements in addressing ecological challenges and infrastructure deficit at large It is against this background that publications like the one being launched today becomes important and a useful tool in correcting the negative public perception that government has not done anything in addressing these challenges The documentation and publication of these achievements in our modest effort to tackle ecological problems is therefore predicated on our quest to improve communication in governance as a tool for keeping citizens well informed and helping them to hold government accountable This is the most significant implication of the Ecological Project Office s initiative in publishing this compendium He expressed the hope that the compendium would bridge the information and communication gap between Nigerians and the real time performance of this administration by portraying the specific locations of ecological projects with pictorial evidence and proofs of handing over the projects to the beneficiaries The president urged state and local governments to judiciously use their shares of the ecological fund strictly for ecological projects Earlier in his remarks the Secretary to the Government of the Federation SGF Boss Mustapha told the President that the 554 page publication was supervised by the Permanent Secretary EPO Habiba Lawal According to him the publication is aimed at keeping the public abreast of efforts of the administration in addressing verified ecological problems in every nook and cranny of the country He thanked the president for promoting the culture of accountability and for approving the change of name of Ecological Fund Office to EPO for its mandate not to be misconstrued by the public Mustapha said the office was established through the Federation Account Act in 1981 primarily to carry out intervention projects nationwide with the Federal Government share of the ecological funds to address critical ecological problems and supplement states and local government shares of the fund On the Federal Government share of the Ecological Fund the SGF explained that the latest sharing formula of the Ecological and Derivation Fund EDF as modified allocates one per cent to Federal Government 0 72 per cent to states while local governments get 0 60 per cent He added that out of the monthly one per cent of the Federal Government s share the National Emergency Management Agency NEMA gets 20 per cent National Agency for Great Green Wall NAGGW get five per cent North East Development Commission NEDC gets 10 per cent while the National Agricultural Development Agency NALDA receives 10 per cent NewsSourceCredit NAN
    Buhari showcases 266 completed ecological projects, directs MDAs to publicise achievements
     President Muhammadu Buhari says a total of 266 ecological projects have been completed across the country in the last seven years 2015 2022 The president disclosed this at the inauguration of a compendium of ecological projects undertaken by his administration shortly before the commencement of the Federal Executive Council FEC meeting on Wednesday in Abuja He said 332 ecological projects were approved during the period under review out of which 266 were accomplished while 66 are at different stages of completion He commended the Secretary to the Government of the Federation and the Management Team of the Ecological Project Office EPO for judicious use of available resources to implement approved projects as well as the initiative for the publication He also directed Ministries Departments and Agencies MDAs to showcase their performance and achievements to the public by leveraging on the benefits accruable to government from the commendable efforts of the EPO He said the enormity of Nigeria s ecological problems and inherited infrastructural deficit in general has the tendency like the proverbial drop in the ocean to always drown our achievements in addressing ecological challenges and infrastructure deficit at large It is against this background that publications like the one being launched today becomes important and a useful tool in correcting the negative public perception that government has not done anything in addressing these challenges The documentation and publication of these achievements in our modest effort to tackle ecological problems is therefore predicated on our quest to improve communication in governance as a tool for keeping citizens well informed and helping them to hold government accountable This is the most significant implication of the Ecological Project Office s initiative in publishing this compendium He expressed the hope that the compendium would bridge the information and communication gap between Nigerians and the real time performance of this administration by portraying the specific locations of ecological projects with pictorial evidence and proofs of handing over the projects to the beneficiaries The president urged state and local governments to judiciously use their shares of the ecological fund strictly for ecological projects Earlier in his remarks the Secretary to the Government of the Federation SGF Boss Mustapha told the President that the 554 page publication was supervised by the Permanent Secretary EPO Habiba Lawal According to him the publication is aimed at keeping the public abreast of efforts of the administration in addressing verified ecological problems in every nook and cranny of the country He thanked the president for promoting the culture of accountability and for approving the change of name of Ecological Fund Office to EPO for its mandate not to be misconstrued by the public Mustapha said the office was established through the Federation Account Act in 1981 primarily to carry out intervention projects nationwide with the Federal Government share of the ecological funds to address critical ecological problems and supplement states and local government shares of the fund On the Federal Government share of the Ecological Fund the SGF explained that the latest sharing formula of the Ecological and Derivation Fund EDF as modified allocates one per cent to Federal Government 0 72 per cent to states while local governments get 0 60 per cent He added that out of the monthly one per cent of the Federal Government s share the National Emergency Management Agency NEMA gets 20 per cent National Agency for Great Green Wall NAGGW get five per cent North East Development Commission NEDC gets 10 per cent while the National Agricultural Development Agency NALDA receives 10 per cent NewsSourceCredit NAN
    Buhari showcases 266 completed ecological projects, directs MDAs to publicise achievements
    General news2 months ago

    Buhari showcases 266 completed ecological projects, directs MDAs to publicise achievements

    President Muhammadu Buhari says a total of 266 ecological projects have been completed across the country in the last seven years (2015-2022).

    The president disclosed this at the inauguration of a compendium of ecological projects undertaken by his administration shortly before the commencement of the Federal Executive Council (FEC) meeting on Wednesday in Abuja.

    He said 332 ecological projects were approved during the period under review, out of which, 266 were accomplished, while 66 are at different stages of completion.

    He commended the Secretary to the Government of the Federation and the Management Team of the Ecological Project Office (EPO) for judicious use of available resources to implement approved projects, as well as the initiative for the publication.

    He also directed Ministries, Departments and Agencies (MDAs) to showcase their performance and achievements to the public by leveraging on the benefits accruable to government from the commendable efforts of the EPO.

    He said “the enormity of Nigeria’s ecological problems and inherited infrastructural deficit in general has the tendency, like the proverbial drop in the ocean, to always drown our achievements in addressing ecological challenges and infrastructure deficit at large.

    “It is against this background that publications like the one being launched today, becomes important and a useful tool in correcting the negative public perception that government has not done anything in addressing these challenges.

    “The documentation and publication of these achievements in our modest effort to tackle ecological problems is therefore predicated on our quest to improve communication in governance, as a tool for keeping citizens well-informed and helping them to hold government accountable.

    “This is the most significant implication of the Ecological Project Office’s initiative in publishing this compendium.’’ He expressed the hope that the compendium would bridge the information and communication gap between Nigerians and the real-time performance of this administration by portraying the specific locations of ecological projects, with pictorial evidence and proofs of handing over the projects to the beneficiaries.

    The president urged state and local governments to judiciously use their shares of the ecological fund strictly for ecological projects.

    Earlier in his remarks, the Secretary to the Government of the Federation (SGF), Boss Mustapha, told the President that the 554-page publication was supervised by the Permanent Secretary, EPO, Habiba Lawal.

    According to him, the publication is aimed at keeping the public abreast of efforts of the administration in addressing verified ecological problems in every nook and cranny of the country.

    He thanked the president for promoting the culture of accountability and for approving the change of name of Ecological Fund Office to EPO, for its mandate not to be misconstrued by the public.

    Mustapha said “the office was established through the Federation Account Act in 1981 primarily to carry out intervention projects nationwide with the Federal Government share of the ecological funds to address critical ecological problems and supplement states’ and local government shares of the fund.’’ On the Federal Government share of the Ecological Fund, the SGF explained that the latest sharing formula of the Ecological and Derivation Fund (EDF) as modified allocates one per cent to Federal Government, 0.72 per cent to states, while local governments get 0.60 per cent.

    He added that out of the monthly one per cent of the Federal Government’s share, the National Emergency Management Agency (NEMA) gets 20 per cent, National Agency for Great Green Wall (NAGGW) get five per cent, North East Development Commission (NEDC) gets 10 per cent, while the National Agricultural Development Agency (NALDA) receives 10 per cent.

    NewsSourceCredit: NAN

  •   By Paul Sinclair Vice President of Energy and Director of Government Relations Africa Oil Week and Green Energy Summit Africa Green Energy Africa com Outside of a limited number of countries wind turbines have remained rare in Africa But this is not for lack of potential In 2020 a study by the International Finance Corporation IFC found that continental Africa has an onshore wind potential of almost 180 000 TWh year enough to meet 250 times the electricity needs of the entire continent As the continent continues to look for ways to expand access to energy the adoption of wind power as an energy source is expected to accelerate where the wind blows So far only Morocco Egypt and South Africa have been truly successful in harnessing their wind potential and attracting private capital to establish wind farms Through its widely acclaimed Renewable Energy Independent Power Producers Procurement REIPPP program South Africa has already commissioned 34 wind farms with an installed capacity of more than 3 3 GW according to the country s IPP Office And this is far from over In 2021 the South African Ministry of Mineral Resources and Energy announced 25 winning bidders in its REIPPP Bidding Window 5 including 12 wind farms with a total capacity of 1 600 MW The project agreement for these facilities is expected to be signed before the end of 2022 The country also opened REIPPP Window 6 in April 2022 which will allocate a maximum capacity of 1 600 MW of wind power with projects ranging from 50 MW up to 240 MW In the north Morocco and Egypt continue to drive the development of wind power The latter has an installed wind generation capacity of almost 1 5 GW in 13 wind farms according to its Ministry of Energy It now expects to commission another 2 GW by 2025 with an additional 14 wind farms On the other hand Egypt has seen fewer but larger projects Its four wind farms have a current installed capacity of 1 6 GW The most recent West Bakr was commissioned by Lekela Power in November 2021 The role of development and multilateral finance In the rest of the continent the multilateral and development financial institutions DFIs have played a key role in supporting the emergence of the wind sector West Africa has increasingly harnessed its wind potential with installations commissioned in Cape Verde Cabe lica 2011 Senegal Taiba Ndiaye 2019 and Mauritania Boulenouar 2020 The projects received significant support from the African Finance Corporation AFC the US International Development Finance Corporation DFC and the Arab Fund for Economic and Social Development AFESD They have successfully laid the groundwork for more projects to follow In December 2021 the US DFC provided funding for a feasibility study to expand Senegal s 158 7 MW Taiba Ndiaye wind farm by another 100 MW East Africa is also joining the game led by Kenya After the expansion of the Ngong facility in 2014 the country commissioned the 310 MW Lake Turkana wind farm in 2017 and the 100 MW Kipeto wind farm in 2021 The African Development Bank AfDB was the Authorized lead coordinator of the Lake Turkana debt package and managed to attract several leading European DFIs to finance the project For its part Kipeto was mainly financed by the US DFC After its success in Cape Verde the AFC has moved east where it is the lead developer of the Djibouti Red Sea Wind Power Project in Ghoubet The 60 MW facility is nearing completion and is the country s first Independent Power Producer IPP An ideal option to reduce carbon emissions More recently natural resources and extractive industries have provided an additional driver for the adoption of wind energy in Africa Publicly traded oil and gas and mining companies looking to decarbonize their portfolio and reduce carbon emissions in their operations are considering wind power In March 2022 Savannah Energy signed an agreement with the Ministry of Petroleum Energy and Renewable Energy of the Republic of Niger to develop the first wind farm in the country Savannah Energy operator of some of Niger s most prolific oil blocks plans to build and operate the 250 MW facility in the Tahoua region The wind farm will be structured as an IPP and is currently undergoing a feasibility study It is expected to be sanctioned in 2023 for potential commissioning in 2025 In Zambia First Quantum Minerals FQM partnered with Chariot and Total Eren earlier this year to develop 430 MW of solar and wind power for its mining operations The company notably operates Africa s largest copper mine by production in Zambia and seeks to reduce its carbon footprint by 30 by 2025 In South Africa Anglo American is embarking on an even bigger project with EDF Renewables Both companies signed a Memorandum of Understanding in March this year to work together on the development of a new regional renewable energy ecosystem RREE The scheme is expected to be designed to meet Anglo American s electricity operational requirements in South Africa through the supply of 100 renewable electricity by 2030 In particular it seeks to develop a network of on site and off site wind and solar farms site with a total storage up to 5 GW to power Anglo American operations The hydrogen opportunity Equally important the rise of the hydrogen industry in Africa will also support the growth of its wind sector Last year Chariot Energy Group signed a memorandum of understanding MoU with the Mauritanian Ministry of Petroleum Mines and Energy to advance the Nour Project a potential green hydrogen development of up to 10 GW Under the MoU the Nour Project has been granted exclusivity over 14 400 km2 of land and sea areas in Mauritania where pre feasibility and feasibility studies will be carried out to generate solar and wind energy used in electrolysis to split water and produce hydrogen and oxygen green In Namibia the government issued an award notice in late 2021 to HYPHEN Hydrogen Energy the joint venture of Nicholas Holdings Limited and ENERTRAG South Africa Pty Ltd to develop South Africa s first gigawatt scale green hydrogen project Africa The 9 4 billion scheme will be located within the Tsau Khaeb National Park which is among the world s top five resource rich places for onshore wind and solar power according to Hyphen Full development of the project targets 300 000 metric tons of green hydrogen production per year from 5 GW of renewable generation capacity and 3 GW electrolyser
    Africa’s wind energy industry expected to diversify as interest to harness the continent’s wind grows (By Paul Sinclair)
      By Paul Sinclair Vice President of Energy and Director of Government Relations Africa Oil Week and Green Energy Summit Africa Green Energy Africa com Outside of a limited number of countries wind turbines have remained rare in Africa But this is not for lack of potential In 2020 a study by the International Finance Corporation IFC found that continental Africa has an onshore wind potential of almost 180 000 TWh year enough to meet 250 times the electricity needs of the entire continent As the continent continues to look for ways to expand access to energy the adoption of wind power as an energy source is expected to accelerate where the wind blows So far only Morocco Egypt and South Africa have been truly successful in harnessing their wind potential and attracting private capital to establish wind farms Through its widely acclaimed Renewable Energy Independent Power Producers Procurement REIPPP program South Africa has already commissioned 34 wind farms with an installed capacity of more than 3 3 GW according to the country s IPP Office And this is far from over In 2021 the South African Ministry of Mineral Resources and Energy announced 25 winning bidders in its REIPPP Bidding Window 5 including 12 wind farms with a total capacity of 1 600 MW The project agreement for these facilities is expected to be signed before the end of 2022 The country also opened REIPPP Window 6 in April 2022 which will allocate a maximum capacity of 1 600 MW of wind power with projects ranging from 50 MW up to 240 MW In the north Morocco and Egypt continue to drive the development of wind power The latter has an installed wind generation capacity of almost 1 5 GW in 13 wind farms according to its Ministry of Energy It now expects to commission another 2 GW by 2025 with an additional 14 wind farms On the other hand Egypt has seen fewer but larger projects Its four wind farms have a current installed capacity of 1 6 GW The most recent West Bakr was commissioned by Lekela Power in November 2021 The role of development and multilateral finance In the rest of the continent the multilateral and development financial institutions DFIs have played a key role in supporting the emergence of the wind sector West Africa has increasingly harnessed its wind potential with installations commissioned in Cape Verde Cabe lica 2011 Senegal Taiba Ndiaye 2019 and Mauritania Boulenouar 2020 The projects received significant support from the African Finance Corporation AFC the US International Development Finance Corporation DFC and the Arab Fund for Economic and Social Development AFESD They have successfully laid the groundwork for more projects to follow In December 2021 the US DFC provided funding for a feasibility study to expand Senegal s 158 7 MW Taiba Ndiaye wind farm by another 100 MW East Africa is also joining the game led by Kenya After the expansion of the Ngong facility in 2014 the country commissioned the 310 MW Lake Turkana wind farm in 2017 and the 100 MW Kipeto wind farm in 2021 The African Development Bank AfDB was the Authorized lead coordinator of the Lake Turkana debt package and managed to attract several leading European DFIs to finance the project For its part Kipeto was mainly financed by the US DFC After its success in Cape Verde the AFC has moved east where it is the lead developer of the Djibouti Red Sea Wind Power Project in Ghoubet The 60 MW facility is nearing completion and is the country s first Independent Power Producer IPP An ideal option to reduce carbon emissions More recently natural resources and extractive industries have provided an additional driver for the adoption of wind energy in Africa Publicly traded oil and gas and mining companies looking to decarbonize their portfolio and reduce carbon emissions in their operations are considering wind power In March 2022 Savannah Energy signed an agreement with the Ministry of Petroleum Energy and Renewable Energy of the Republic of Niger to develop the first wind farm in the country Savannah Energy operator of some of Niger s most prolific oil blocks plans to build and operate the 250 MW facility in the Tahoua region The wind farm will be structured as an IPP and is currently undergoing a feasibility study It is expected to be sanctioned in 2023 for potential commissioning in 2025 In Zambia First Quantum Minerals FQM partnered with Chariot and Total Eren earlier this year to develop 430 MW of solar and wind power for its mining operations The company notably operates Africa s largest copper mine by production in Zambia and seeks to reduce its carbon footprint by 30 by 2025 In South Africa Anglo American is embarking on an even bigger project with EDF Renewables Both companies signed a Memorandum of Understanding in March this year to work together on the development of a new regional renewable energy ecosystem RREE The scheme is expected to be designed to meet Anglo American s electricity operational requirements in South Africa through the supply of 100 renewable electricity by 2030 In particular it seeks to develop a network of on site and off site wind and solar farms site with a total storage up to 5 GW to power Anglo American operations The hydrogen opportunity Equally important the rise of the hydrogen industry in Africa will also support the growth of its wind sector Last year Chariot Energy Group signed a memorandum of understanding MoU with the Mauritanian Ministry of Petroleum Mines and Energy to advance the Nour Project a potential green hydrogen development of up to 10 GW Under the MoU the Nour Project has been granted exclusivity over 14 400 km2 of land and sea areas in Mauritania where pre feasibility and feasibility studies will be carried out to generate solar and wind energy used in electrolysis to split water and produce hydrogen and oxygen green In Namibia the government issued an award notice in late 2021 to HYPHEN Hydrogen Energy the joint venture of Nicholas Holdings Limited and ENERTRAG South Africa Pty Ltd to develop South Africa s first gigawatt scale green hydrogen project Africa The 9 4 billion scheme will be located within the Tsau Khaeb National Park which is among the world s top five resource rich places for onshore wind and solar power according to Hyphen Full development of the project targets 300 000 metric tons of green hydrogen production per year from 5 GW of renewable generation capacity and 3 GW electrolyser
    Africa’s wind energy industry expected to diversify as interest to harness the continent’s wind grows (By Paul Sinclair)
    Africa3 months ago

    Africa’s wind energy industry expected to diversify as interest to harness the continent’s wind grows (By Paul Sinclair)

    By Paul Sinclair, Vice President of Energy and Director of Government Relations, Africa Oil Week and Green Energy Summit Africa (Green-Energy-Africa.com)

    Outside of a limited number of countries, wind turbines have remained rare in Africa. But this is not for lack of potential. In 2020, a study by the International Finance Corporation (IFC) found that continental Africa has an onshore wind potential of almost 180,000 TWh/year, enough to meet 250 times the electricity needs of the entire continent. As the continent continues to look for ways to expand access to energy, the adoption of wind power as an energy source is expected to accelerate.

    where the wind blows

    So far, only Morocco, Egypt and South Africa have been truly successful in harnessing their wind potential and attracting private capital to establish wind farms. Through its widely acclaimed Renewable Energy Independent Power Producers Procurement (REIPPP) program, South Africa has already commissioned 34 wind farms with an installed capacity of more than 3.3 GW, according to the country's IPP Office.

    And this is far from over. In 2021, the South African Ministry of Mineral Resources and Energy announced 25 winning bidders in its REIPPP Bidding Window 5, including 12 wind farms with a total capacity of 1,600 MW. The project agreement for these facilities is expected to be signed before the end of 2022. The country also opened REIPPP Window 6 in April 2022, which will allocate a maximum capacity of 1,600 MW of wind power, with projects ranging from 50 MW up to 240 MW. .

    In the north, Morocco and Egypt continue to drive the development of wind power. The latter has an installed wind generation capacity of almost 1.5 GW in 13 wind farms according to its Ministry of Energy. It now expects to commission another 2 GW by 2025 with an additional 14 wind farms.

    On the other hand, Egypt has seen fewer but larger projects. Its four wind farms have a current installed capacity of 1.6 GW. The most recent, West Bakr, was commissioned by Lekela Power in November 2021.

    The role of development and multilateral finance

    In the rest of the continent, the multilateral and development financial institutions (DFIs) have played a key role in supporting the emergence of the wind sector.

    West Africa has increasingly harnessed its wind potential with installations commissioned in Cape Verde (Cabeólica, 2011), Senegal (Taiba Ndiaye, 2019), and Mauritania (Boulenouar, 2020). The projects received significant support from the African Finance Corporation (AFC), the US International Development Finance Corporation (DFC), and the Arab Fund for Economic and Social Development (AFESD).

    They have successfully laid the groundwork for more projects to follow. In December 2021, the US DFC provided funding for a feasibility study to expand Senegal's 158.7 MW Taiba Ndiaye wind farm by another 100 MW.

    East Africa is also joining the game, led by Kenya. After the expansion of the Ngong facility in 2014, the country commissioned the 310 MW Lake Turkana wind farm in 2017 and the 100 MW Kipeto wind farm in 2021. The African Development Bank (AfDB) was the Authorized lead coordinator of the Lake Turkana debt package and managed to attract several leading European DFIs to finance the project. For its part, Kipeto was mainly financed by the US DFC.

    After its success in Cape Verde, the AFC has moved east, where it is the lead developer of the Djibouti Red Sea Wind Power Project in Ghoubet. The 60 MW facility is nearing completion and is the country's first Independent Power Producer (IPP).

    An ideal option to reduce carbon emissions

    More recently, natural resources and extractive industries have provided an additional driver for the adoption of wind energy in Africa. Publicly traded oil and gas and mining companies looking to decarbonize their portfolio and reduce carbon emissions in their operations are considering wind power.

    In March 2022, Savannah Energy signed an agreement with the Ministry of Petroleum, Energy and Renewable Energy of the Republic of Niger to develop the first wind farm in the country. Savannah Energy, operator of some of Niger's most prolific oil blocks, plans to build and operate the 250 MW facility in the Tahoua region. The wind farm will be structured as an IPP and is currently undergoing a feasibility study. It is expected to be sanctioned in 2023 for potential commissioning in 2025.

    In Zambia, First Quantum Minerals (FQM) partnered with Chariot and Total Eren earlier this year to develop 430 MW of solar and wind power for its mining operations. The company notably operates Africa's largest copper mine by production in Zambia and seeks to reduce its carbon footprint by 30% by 2025.

    In South Africa, Anglo American is embarking on an even bigger project with EDF Renewables. Both companies signed a Memorandum of Understanding in March this year to work together on the development of a new regional renewable energy ecosystem (RREE). The scheme is expected to be designed to meet Anglo American's electricity operational requirements in South Africa through the supply of 100% renewable electricity by 2030. In particular, it seeks to develop a network of on-site and off-site wind and solar farms. site with a total storage up to 5 GW to power Anglo American operations.

    The hydrogen opportunity

    Equally important, the rise of the hydrogen industry in Africa will also support the growth of its wind sector.

    Last year, Chariot Energy Group signed a memorandum of understanding (MoU) with the Mauritanian Ministry of Petroleum, Mines and Energy to advance the Nour Project, a potential green hydrogen development of up to 10 GW. Under the MoU, the Nour Project has been granted exclusivity over 14,400 km2 of land and sea areas in Mauritania, where pre-feasibility and feasibility studies will be carried out to generate solar and wind energy used in electrolysis to split water and produce hydrogen and oxygen. green.

    In Namibia, the government issued an award notice in late 2021 to HYPHEN Hydrogen Energy, the joint venture of Nicholas Holdings Limited and ENERTRAG South Africa (Pty) Ltd, to develop South Africa's first gigawatt-scale green hydrogen project. Africa.

    The $9.4 billion scheme will be located within the Tsau//Khaeb National Park, which is among the world's top five resource-rich places for onshore wind and solar power, according to Hyphen. Full development of the project targets 300,000 metric tons of green hydrogen production per year from 5 GW of renewable generation capacity and 3 GW electrolyser.

  •   Outside of a limited number of countries wind turbines have remained rare in Africa But this is not for lack of potential In 2020 a study by the International Finance Corporation IFC found that continental Africa has an onshore wind potential of almost 180 000 TWh year enough to meet 250 times the electricity needs of the entire continent As the continent continues to look for ways to expand access to energy the adoption of wind power as an energy source is expected to accelerate where the wind blows So far only Morocco Egypt and South Africa have been truly successful in harnessing their wind potential and attracting private capital to establish wind farms Through its widely acclaimed Renewable Energy Independent Power Producers Procurement REIPPP program South Africa has already commissioned 34 wind farms with an installed capacity of more than 3 3 GW according to the country s IPP Office And this is far from over In 2021 the South African Ministry of Mineral Resources and Energy announced 25 winning bidders in its REIPPP Bidding Window 5 including 12 wind farms with a total capacity of 1 600 MW The project agreement for these facilities is expected to be signed before the end of 2022 The country also opened REIPPP Window 6 in April 2022 which will award a maximum capacity of 1 600 MW of wind power with projects ranging from 50 MW to 240 MW In the north Morocco and Egypt continue to drive the development of wind energy The latter has an installed wind generation capacity of almost 1 5 GW in 13 wind farms according to its Ministry of Energy It now expects to commission another 2 GW by 2025 with an additional 14 wind farms On the other hand Egypt has seen fewer but larger projects Its four wind farms have a current installed capacity of 1 6 GW The most recent West Bakr was commissioned by Lekela Power in November 2021 The role of development and multilateral finance In the rest of the continent the multilateral and development financial institutions DFIs have played a key role in supporting the emergence of the wind sector West Africa has increasingly harnessed its wind potential with installations commissioned in Cape Verde Cabe lica 2011 Senegal Taiba Ndiaye 2019 and Mauritania Boulenouar 2020 The projects received significant support from the African Finance Corporation AFC the US International Development Finance Corporation DFC and the Arab Fund for Economic and Social Development AFESD They have successfully laid the groundwork for more projects to follow In December 2021 the US DFC provided funding for a feasibility study to expand Senegal s 158 7 MW Taiba Ndiaye wind farm by another 100 MW East Africa is also joining the game led by Kenya After the expansion of the Ngong facility in 2014 the country commissioned the 310 MW Lake Turkana wind farm in 2017 and the 100 MW Kipeto wind farm in 2021 The African Development Bank AfDB was the Authorized lead coordinator of the Lake Turkana debt package and managed to attract several leading European DFIs to finance the project For its part Kipeto was mainly financed by the US DFC After its success in Cape Verde the AFC has moved east where it is the lead developer of the Djibouti Red Sea Wind Power Project in Ghoubet The 60 MW facility is nearing completion and is the country s first Independent Power Producer IPP An ideal option to reduce carbon emissions More recently natural resources and extractive industries have provided an additional driver for the adoption of wind energy in Africa Publicly traded oil and gas and mining companies looking to decarbonize their portfolio and reduce carbon emissions in their operations are considering wind power In March 2022 Savannah Energy signed an agreement with the Ministry of Petroleum Energy and Renewable Energy of the Republic of Niger to develop the first wind farm in the country Savannah Energy operator of some of Niger s most prolific oil blocks plans to build and operate the 250 MW facility in the Tahoua region The wind farm will be structured as an IPP and is currently undergoing a feasibility study It is expected to be sanctioned in 2023 for possible commissioning in 2025 In Zambia First Quantum Minerals FQM partnered with Chariot and Total Eren earlier this year to develop 430 MW of solar and wind power for its mining operations Notably the company operates Africa s largest copper mine by production in Zambia and seeks to reduce its carbon footprint by 30 by 2025 In South Africa Anglo American is embarking on an even bigger project with EDF Renewables Both companies signed a Memorandum of Understanding in March this year to work together on the development of a new regional renewable energy ecosystem RREE The scheme is expected to be designed to meet Anglo American s electricity operational requirements in South Africa by supplying 100 renewable electricity by 2030 In particular it seeks to develop a network of on site and off site wind and solar farms with a total storage of up to 5 GW to power Anglo American s operations The hydrogen opportunity Equally important the rise of the hydrogen industry in Africa will also support the growth of its wind sector Last year Chariot Energy Group signed a memorandum of understanding MoU with the Mauritanian Ministry of Petroleum Mines and Energy to advance the Nour Project a potential green hydrogen development of up to 10 GW Under the MoU the Nour Project has been granted exclusivity over 14 400 km2 of land and sea areas in Mauritania where pre feasibility and feasibility studies will be carried out to generate solar and wind energy used in electrolysis to split water and produce hydrogen and oxygen green In Namibia the government issued an award notice in late 2021 to HYPHEN Hydrogen Energy the joint venture of Nicholas Holdings Limited and ENERTRAG South Africa Pty Ltd to develop South Africa s first gigawatt scale green hydrogen project Africa The 9 4 billion scheme will be located within the Tsau Khaeb National Park which is among the world s top five resource rich places for onshore wind and solar power according to Hyphen Full development of the project targets 300 000 metric tons of green hydrogen production per year from 5 GW of renewable generation capacity and 3 GW electrolyser
    Africa’s Wind Energy Industry Expected to Diversify as Interest to Harness the Continent’s Wind Grows
      Outside of a limited number of countries wind turbines have remained rare in Africa But this is not for lack of potential In 2020 a study by the International Finance Corporation IFC found that continental Africa has an onshore wind potential of almost 180 000 TWh year enough to meet 250 times the electricity needs of the entire continent As the continent continues to look for ways to expand access to energy the adoption of wind power as an energy source is expected to accelerate where the wind blows So far only Morocco Egypt and South Africa have been truly successful in harnessing their wind potential and attracting private capital to establish wind farms Through its widely acclaimed Renewable Energy Independent Power Producers Procurement REIPPP program South Africa has already commissioned 34 wind farms with an installed capacity of more than 3 3 GW according to the country s IPP Office And this is far from over In 2021 the South African Ministry of Mineral Resources and Energy announced 25 winning bidders in its REIPPP Bidding Window 5 including 12 wind farms with a total capacity of 1 600 MW The project agreement for these facilities is expected to be signed before the end of 2022 The country also opened REIPPP Window 6 in April 2022 which will award a maximum capacity of 1 600 MW of wind power with projects ranging from 50 MW to 240 MW In the north Morocco and Egypt continue to drive the development of wind energy The latter has an installed wind generation capacity of almost 1 5 GW in 13 wind farms according to its Ministry of Energy It now expects to commission another 2 GW by 2025 with an additional 14 wind farms On the other hand Egypt has seen fewer but larger projects Its four wind farms have a current installed capacity of 1 6 GW The most recent West Bakr was commissioned by Lekela Power in November 2021 The role of development and multilateral finance In the rest of the continent the multilateral and development financial institutions DFIs have played a key role in supporting the emergence of the wind sector West Africa has increasingly harnessed its wind potential with installations commissioned in Cape Verde Cabe lica 2011 Senegal Taiba Ndiaye 2019 and Mauritania Boulenouar 2020 The projects received significant support from the African Finance Corporation AFC the US International Development Finance Corporation DFC and the Arab Fund for Economic and Social Development AFESD They have successfully laid the groundwork for more projects to follow In December 2021 the US DFC provided funding for a feasibility study to expand Senegal s 158 7 MW Taiba Ndiaye wind farm by another 100 MW East Africa is also joining the game led by Kenya After the expansion of the Ngong facility in 2014 the country commissioned the 310 MW Lake Turkana wind farm in 2017 and the 100 MW Kipeto wind farm in 2021 The African Development Bank AfDB was the Authorized lead coordinator of the Lake Turkana debt package and managed to attract several leading European DFIs to finance the project For its part Kipeto was mainly financed by the US DFC After its success in Cape Verde the AFC has moved east where it is the lead developer of the Djibouti Red Sea Wind Power Project in Ghoubet The 60 MW facility is nearing completion and is the country s first Independent Power Producer IPP An ideal option to reduce carbon emissions More recently natural resources and extractive industries have provided an additional driver for the adoption of wind energy in Africa Publicly traded oil and gas and mining companies looking to decarbonize their portfolio and reduce carbon emissions in their operations are considering wind power In March 2022 Savannah Energy signed an agreement with the Ministry of Petroleum Energy and Renewable Energy of the Republic of Niger to develop the first wind farm in the country Savannah Energy operator of some of Niger s most prolific oil blocks plans to build and operate the 250 MW facility in the Tahoua region The wind farm will be structured as an IPP and is currently undergoing a feasibility study It is expected to be sanctioned in 2023 for possible commissioning in 2025 In Zambia First Quantum Minerals FQM partnered with Chariot and Total Eren earlier this year to develop 430 MW of solar and wind power for its mining operations Notably the company operates Africa s largest copper mine by production in Zambia and seeks to reduce its carbon footprint by 30 by 2025 In South Africa Anglo American is embarking on an even bigger project with EDF Renewables Both companies signed a Memorandum of Understanding in March this year to work together on the development of a new regional renewable energy ecosystem RREE The scheme is expected to be designed to meet Anglo American s electricity operational requirements in South Africa by supplying 100 renewable electricity by 2030 In particular it seeks to develop a network of on site and off site wind and solar farms with a total storage of up to 5 GW to power Anglo American s operations The hydrogen opportunity Equally important the rise of the hydrogen industry in Africa will also support the growth of its wind sector Last year Chariot Energy Group signed a memorandum of understanding MoU with the Mauritanian Ministry of Petroleum Mines and Energy to advance the Nour Project a potential green hydrogen development of up to 10 GW Under the MoU the Nour Project has been granted exclusivity over 14 400 km2 of land and sea areas in Mauritania where pre feasibility and feasibility studies will be carried out to generate solar and wind energy used in electrolysis to split water and produce hydrogen and oxygen green In Namibia the government issued an award notice in late 2021 to HYPHEN Hydrogen Energy the joint venture of Nicholas Holdings Limited and ENERTRAG South Africa Pty Ltd to develop South Africa s first gigawatt scale green hydrogen project Africa The 9 4 billion scheme will be located within the Tsau Khaeb National Park which is among the world s top five resource rich places for onshore wind and solar power according to Hyphen Full development of the project targets 300 000 metric tons of green hydrogen production per year from 5 GW of renewable generation capacity and 3 GW electrolyser
    Africa’s Wind Energy Industry Expected to Diversify as Interest to Harness the Continent’s Wind Grows
    Africa4 months ago

    Africa’s Wind Energy Industry Expected to Diversify as Interest to Harness the Continent’s Wind Grows

    Outside of a limited number of countries, wind turbines have remained rare in Africa. But this is not for lack of potential. In 2020, a study by the International Finance Corporation (IFC) found that continental Africa has an onshore wind potential of almost 180,000 TWh/year, enough to meet 250 times the electricity needs of the entire continent. As the continent continues to look for ways to expand access to energy, the adoption of wind power as an energy source is expected to accelerate.

    where the wind blows

    So far, only Morocco, Egypt and South Africa have been truly successful in harnessing their wind potential and attracting private capital to establish wind farms. Through its widely acclaimed Renewable Energy Independent Power Producers Procurement (REIPPP) program, South Africa has already commissioned 34 wind farms with an installed capacity of more than 3.3 GW, according to the country's IPP Office.

    And this is far from over. In 2021, the South African Ministry of Mineral Resources and Energy announced 25 winning bidders in its REIPPP Bidding Window 5, including 12 wind farms with a total capacity of 1,600 MW. The project agreement for these facilities is expected to be signed before the end of 2022.

    The country also opened REIPPP Window 6 in April 2022, which will award a maximum capacity of 1,600 MW of wind power, with projects ranging from 50 MW to 240 MW.

    In the north, Morocco and Egypt continue to drive the development of wind energy. The latter has an installed wind generation capacity of almost 1.5 GW in 13 wind farms according to its Ministry of Energy. It now expects to commission another 2 GW by 2025 with an additional 14 wind farms.

    On the other hand, Egypt has seen fewer but larger projects. Its four wind farms have a current installed capacity of 1.6 GW. The most recent, West Bakr, was commissioned by Lekela Power in November 2021.

    The role of development and multilateral finance

    In the rest of the continent, the multilateral and development financial institutions (DFIs) have played a key role in supporting the emergence of the wind sector.

    West Africa has increasingly harnessed its wind potential with installations commissioned in Cape Verde (Cabeólica, 2011), Senegal (Taiba Ndiaye, 2019), and Mauritania (Boulenouar, 2020). The projects received significant support from the African Finance Corporation (AFC), the US International Development Finance Corporation (DFC), and the Arab Fund for Economic and Social Development (AFESD).

    They have successfully laid the groundwork for more projects to follow. In December 2021, the US DFC provided funding for a feasibility study to expand Senegal's 158.7 MW Taiba Ndiaye wind farm by another 100 MW.

    East Africa is also joining the game, led by Kenya. After the expansion of the Ngong facility in 2014, the country commissioned the 310 MW Lake Turkana wind farm in 2017 and the 100 MW Kipeto wind farm in 2021. The African Development Bank (AfDB) was the Authorized lead coordinator of the Lake Turkana debt package and managed to attract several leading European DFIs to finance the project. For its part, Kipeto was mainly financed by the US DFC.

    After its success in Cape Verde, the AFC has moved east, where it is the lead developer of the Djibouti Red Sea Wind Power Project in Ghoubet. The 60 MW facility is nearing completion and is the country's first Independent Power Producer (IPP).

    An ideal option to reduce carbon emissions

    More recently, natural resources and extractive industries have provided an additional driver for the adoption of wind energy in Africa. Publicly traded oil and gas and mining companies looking to decarbonize their portfolio and reduce carbon emissions in their operations are considering wind power.

    In March 2022, Savannah Energy signed an agreement with the Ministry of Petroleum, Energy and Renewable Energy of the Republic of Niger to develop the first wind farm in the country. Savannah Energy, operator of some of Niger's most prolific oil blocks, plans to build and operate the 250 MW facility in the Tahoua region. The wind farm will be structured as an IPP and is currently undergoing a feasibility study. It is expected to be sanctioned in 2023 for possible commissioning in 2025.

    In Zambia, First Quantum Minerals (FQM) partnered with Chariot and Total Eren earlier this year to develop 430 MW of solar and wind power for its mining operations. Notably, the company operates Africa's largest copper mine by production in Zambia and seeks to reduce its carbon footprint by 30% by 2025.

    In South Africa, Anglo American is embarking on an even bigger project with EDF Renewables. Both companies signed a Memorandum of Understanding in March this year to work together on the development of a new regional renewable energy ecosystem (RREE). The scheme is expected to be designed to meet Anglo American's electricity operational requirements in South Africa by supplying 100% renewable electricity by 2030. In particular, it seeks to develop a network of on-site and off-site wind and solar farms. with a total storage of up to 5 GW to power Anglo American's operations.

    The hydrogen opportunity

    Equally important, the rise of the hydrogen industry in Africa will also support the growth of its wind sector.

    Last year, Chariot Energy Group signed a memorandum of understanding (MoU) with the Mauritanian Ministry of Petroleum, Mines and Energy to advance the Nour Project, a potential green hydrogen development of up to 10 GW.

    Under the MoU, the Nour Project has been granted exclusivity over 14,400 km2 of land and sea areas in Mauritania, where pre-feasibility and feasibility studies will be carried out to generate solar and wind energy used in electrolysis to split water and produce hydrogen and oxygen. green.

    In Namibia, the government issued an award notice in late 2021 to HYPHEN Hydrogen Energy, the joint venture of Nicholas Holdings Limited and ENERTRAG South Africa (Pty) Ltd, to develop South Africa's first gigawatt-scale green hydrogen project. Africa.

    The $9.4 billion scheme will be located within the Tsau//Khaeb National Park, which is among the world's top five resource-rich places for onshore wind and solar power, according to Hyphen. Full development of the project targets 300,000 metric tons of green hydrogen production per year from 5 GW of renewable generation capacity and 3 GW electrolyser.

  •   The Nigerian Export Promotion Council NEPC has urged exporters in Imo to take advantage of its export incentive schemes to grow their businesses NEPC Executive Director Dr Ezra Yakusak gave the advice in an address at a sensitisation forum on export incentives organised by the council on Wednesday in Owerri Yakusak said that the event was organised in partial fulfillment of the council s role of ameliorating the financial burden of exporters He listed NEPC s available incentive schemes to include the Export Expansion Grant EEG the Tax Relief on Interest Income TRII and the Export Development Fund EDF He said that the TRII was recently activated for exporters of manufactured goods and the EDF to provide financial assistance to exporting companies to cover part of their initial expenses with respect to export promotion activities He added that while the EEG and TRII were post shipment incentives the EDF was a pre shipment incentive which primarily offered support for MSMEs so as to increase their competitiveness and enhance their capacity The dearth of information among potential beneficiaries of the incentive schemes evidenced by a number of enquiries about export incentives and some misconceptions necessitated this sensitisation forum I enjoin you to make the best use of this opportunity by participating fully in this forum so as to enhance your chances of benefitting from the various incentive schemes available to operators in the non oil export sector he said Speaking NEPC s Trade Promotion Advisor in Imo Mr Anthony Ajuruchi listed other incentives to include tax holidays subsidies reduced duties paid on goods and duty waiver granted on some goods He thanked the NEPC management for organising the forum and urged participants to keep faith with the council This sensitisation will definitely benefit our micro small and medium enterprises because knowledge is power Exporters in Imo need this knowledge sharing in order to take full advantage of the incentives just like their counterparts all over the nation who have been enjoying them he said Coordinator of the Imo Exporters Summit Eze Emma Ekeh thanked the NEPC for organising the programme and noted that exporters in Imo were ever ready to access available incentives NAN
    NEPC urges exporters to take advantage of incentive schemes
      The Nigerian Export Promotion Council NEPC has urged exporters in Imo to take advantage of its export incentive schemes to grow their businesses NEPC Executive Director Dr Ezra Yakusak gave the advice in an address at a sensitisation forum on export incentives organised by the council on Wednesday in Owerri Yakusak said that the event was organised in partial fulfillment of the council s role of ameliorating the financial burden of exporters He listed NEPC s available incentive schemes to include the Export Expansion Grant EEG the Tax Relief on Interest Income TRII and the Export Development Fund EDF He said that the TRII was recently activated for exporters of manufactured goods and the EDF to provide financial assistance to exporting companies to cover part of their initial expenses with respect to export promotion activities He added that while the EEG and TRII were post shipment incentives the EDF was a pre shipment incentive which primarily offered support for MSMEs so as to increase their competitiveness and enhance their capacity The dearth of information among potential beneficiaries of the incentive schemes evidenced by a number of enquiries about export incentives and some misconceptions necessitated this sensitisation forum I enjoin you to make the best use of this opportunity by participating fully in this forum so as to enhance your chances of benefitting from the various incentive schemes available to operators in the non oil export sector he said Speaking NEPC s Trade Promotion Advisor in Imo Mr Anthony Ajuruchi listed other incentives to include tax holidays subsidies reduced duties paid on goods and duty waiver granted on some goods He thanked the NEPC management for organising the forum and urged participants to keep faith with the council This sensitisation will definitely benefit our micro small and medium enterprises because knowledge is power Exporters in Imo need this knowledge sharing in order to take full advantage of the incentives just like their counterparts all over the nation who have been enjoying them he said Coordinator of the Imo Exporters Summit Eze Emma Ekeh thanked the NEPC for organising the programme and noted that exporters in Imo were ever ready to access available incentives NAN
    NEPC urges exporters to take advantage of incentive schemes
    Economy4 months ago

    NEPC urges exporters to take advantage of incentive schemes

     The Nigerian Export Promotion Council  (NEPC) has urged exporters in Imo to take advantage of its export incentive schemes to grow their businesses.

    NEPC Executive Director, Dr Ezra Yakusak, gave the advice in an address at a sensitisation forum on export incentives organised by the council on Wednesday in Owerri.

    Yakusak said that the event was organised in partial fulfillment of the council’s role of ameliorating the financial burden of exporters.

    He listed NEPC’s available incentive schemes to include the Export Expansion Grant (EEG), the Tax Relief on Interest Income (TRII) and the Export Development Fund (EDF).

    He said that the TRII was recently activated for exporters of manufactured goods and the EDF to provide financial assistance to exporting companies to cover part of their initial expenses with respect to export promotion activities.

    He added that while the EEG and TRII  were post-shipment incentives, the EDF was a pre-shipment incentive which primarily offered support for MSMEs so as to increase their competitiveness and enhance their capacity.

    “The dearth of information among potential beneficiaries of the incentive schemes, evidenced by a number of enquiries about export incentives and some misconceptions, necessitated this sensitisation forum.

    “I enjoin you to make the best use of this opportunity by participating fully in this forum so as to enhance your chances of benefitting from the various incentive schemes available to operators in the non-oil export sector “, he said.

    Speaking, NEPC’s Trade Promotion Advisor in Imo, Mr Anthony Ajuruchi, listed other incentives to include tax holidays, subsidies, reduced duties paid on goods and duty waiver granted on some goods.

    He thanked the NEPC management for organising the forum and urged participants to keep faith with the council.

    “This sensitisation will definitely benefit our micro, small and medium enterprises because knowledge is power.

    “Exporters in Imo need this knowledge sharing in order to take full advantage of the incentives just like their counterparts all over the nation who have been enjoying them”, he said.

    Coordinator of the Imo Exporters Summit, Eze Emma Ekeh, thanked the NEPC for organising the programme and noted that exporters in Imo were ever ready to access available incentives. (

    (NAN)