Financing Clean Energy Access In Sub Saharan Africa

Author : Bruno Michoud,Manfred Hafner
Publisher : Springer Nature
Page : 197 pages
File Size : 55,8 Mb
Release : 2021-07-15
Category : Business & Economics
ISBN : 9783030758295

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Financing Clean Energy Access in Sub-Saharan Africa by Bruno Michoud,Manfred Hafner Pdf

This open access book analyses barriers and challenges associated with the financing of clean energy access in sub-Saharan Africa. By considering various economic, financial, political, environmental and social factors, it explores the consequences of energy poverty across the region and maps the real and perceived investment risks for potential capital providers, both domestic and international. Furthermore, it analyses risk mitigation strategies and innovative financing structures available to the public and private sectors, which are aimed at leveraging capital in the clean energy sector at scale and fostering the creation of an enabling business and investment environment. More specifically, the present book analyses how to (i) enhance capital allocation in projects and organisations that foster clean energy access in the region, (ii) mobilize private capital at scale and (iii) decrease the cost of financing through risk mitigation strategies. Going beyond traditional approaches, the book also considers socioeconomic and cultural aspects associated with investment barriers across the subcontinent. Moreover, it urges the public and private spheres to become more actively involved in tackling this pressing development issue, and provides policy recommendations for the public sector, including proposals for business model evolution at multilateral agencies and development institutions. It will appeal to a wide readership of both academics and professionals working in the energy industry, the financial sector and the political sphere, as well as to general readers interested in the ongoing debate about energy, sustainable development and finance.

Author : Nicola Bilotta,Lorenzo Colantoni
Publisher : Unknown
Page : 21 pages
File Size : 47,6 Mb
Release : 2018
Category : Electric power distribution
ISBN : 8893680890

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Financing Energy Access in Sub-Saharan Africa by Nicola Bilotta,Lorenzo Colantoni Pdf

The electrification of Sub-Saharan Africa has traditionally suffered from a lack of adequate investments, given the scarcity of domestic funds and the higher regional risk perceived by foreign investors. And yet, electrification of the continent has accelerated lately, driven by innovative financing instruments that fit the African framework. Such tools as aggregation, securitization and guarantee instruments reduce risk premiums, thus increasing the attractiveness of the sector and making it easier for international institutions to provide back-up funding for private, local and decentralized projects. Critical in this regard has been Africa’s FinTech system, which enables forms of mobile payment and micro-credit access, resulting in innovative business models. Such sets of tools will be then fundamental to maintaining the current trends and, eventually, reach the long-awaited universal access to energy for those in Sub-Saharan Africa.

Author : Nicola Bilotta
Publisher : Unknown
Page : 0 pages
File Size : 51,6 Mb
Release : 2022
Category : Electronic
ISBN : OCLC:1396893448

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Financing Energy Access in Sub-Saharan Africa by Nicola Bilotta Pdf

Author : S Batchelor,N Scott,J McAllister
Publisher : Lulu.com
Page : 184 pages
File Size : 55,5 Mb
Release : 2024-06-07
Category : Electronic
ISBN : 9781387096213

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Guidelines for clean energy , Sub Saharan Africa by S Batchelor,N Scott,J McAllister Pdf

Author : Anton Eberhard,Katharine Gratwick,Elvira Morella,Pedro Antmann
Publisher : World Bank Publications
Page : 382 pages
File Size : 40,8 Mb
Release : 2016-04-18
Category : Technology & Engineering
ISBN : 9781464808012

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Independent Power Projects in Sub-Saharan Africa by Anton Eberhard,Katharine Gratwick,Elvira Morella,Pedro Antmann Pdf

Inadequate electricity services pose a major impediment to reducing extreme poverty and boosting shared prosperity in Sub-Saharan Africa. Simply put, Africa does not have enough power. Despite the abundant low-carbon and low-cost energy resources available to Sub-Saharan Africa, the region s entire installed electricity capacity, at a little over 80 GW, is equivalent to that of the Republic of Korea. Looking ahead, Sub-Saharan Africa will need to ramp-up its power generation capacity substantially. The investment needed to meet this goal largely exceeds African countries already stretched public finances. Increasing private investment is critical to help expand and improve electricity supply. Historically, most private sector finance has been channeled through privately financed independent power projects (IPP), supported by nonrecourse or limited recourse loans, with long-term power purchase agreements with the state utility or another off-taker. Between 1990 and 2014, IPPs have spread across Sub-Saharan Africa and are now present in 17 countries. Currently, there are 125 IPPs, with an overall installed capacity of 10.7 GW and investments of $24.6 billion. However, private investment could be much greater and less concentrated. South Africa alone accounts for 67 IPPs, 4.3 GW of capacity and $14.4 billion of investments; the remaining projects are concentrated in a handful of countries. The objective of this study is to evaluate the experience of IPPs and identify lessons that can help African countries attract more and better private investment. At the core of this analysis is a reflection on whether IPPs have in fact benefited Sub-Saharan Africa, and how they might be improved. The analysis is based primarily on in depth case studies, carried out in five countries, including Kenya, Nigeria, South Africa, Tanzania and Uganda, which not only have the most numerous but also among the most extensive experience with IPPs.

Author : Manfred Hafner,Simone Tagliapietra,Giacomo Falchetta,Giovanni Occhiali
Publisher : Springer
Page : 149 pages
File Size : 47,7 Mb
Release : 2019-04-03
Category : Technology & Engineering
ISBN : 9783030117351

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Renewables for Energy Access and Sustainable Development in East Africa by Manfred Hafner,Simone Tagliapietra,Giacomo Falchetta,Giovanni Occhiali Pdf

This short open access book investigates the role of renewable energy in East Africa to provide policy-relevant inputs for the achievement of a cost-effective electrification process in the region. For each country, the authors review the current situation in the domestic power sector, adopt a GIS-based approach to plot renewable energy resources potential, and review currently planned projects and projects under development, as well as the key domestic renewables regulations. Based on such information, least-cost 100% electrification scenarios by 2030 are then modelled and comparative results over the required capacity additions and investment are reported and discussed. The authors also inquire into some of the key technological, economic, policy, cooperation, and financing challenges to the development of a portfolio of renewables to promote energy access in a sustainable way, including a discussion of the challenges and opportunities that might stem from the interaction between local RE potential and natural gas resources currently under development in the region. To conclude, policy recommendations based on the book’s results and targeted at international cooperation and development institutions, local policymakers, and private stakeholders in the region are elaborated.

Author : Nii Ofei Daku Mante.
Publisher : RTI Press
Page : 34 pages
File Size : 53,7 Mb
Release : 2018-11-19
Category : Business & Economics
ISBN : 8210379456XXX

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Sub-Saharan Africa is lighting up by Nii Ofei Daku Mante. Pdf

This research paper provides a regional review of the state of electricity access in Sub-Saharan Africa (SSA), focusing on installed capacity, electricity generation, the growth of renewable energy, electricity consumption, government investment, public financial flows, and several major initiatives. The study contrasts electrification between 1990 and 2010 with recent efforts and identifies countries that are consistently making progress and those that lag. The analyses show signs of progress on scaling up SSA power infrastructure and increasing electricity access, particularly in the Eastern and Western sub-regions. The installed generation capacity expanded at an average rate of 2.43 GW/year between 2005 and 2015. Renewable energy is growing, particularly solar, wind, and geothermal; about 9.7 GW of renewable energy capacity was installed between 2010 and 2016. Over this period, the net electricity generation in SSA increased at 9.1 TWh/year, more than double the historical average growth of 4.02 TWh/year (1990–2010). In general, the study found that rates of electrification across the entire region are more than twice the historical rates, and an average of at least 26 million people are now gaining access to electricity yearly. Nevertheless, progress is uneven across SSA. As of 2016, almost half of the population without electricity access live in Nigeria, DR Congo, Ethiopia, Tanzania, and Uganda. Quantitative analysis suggests that about 70 million people in SSA would have to gain access every year from 2017 to achieve universal access by 2030. Overall, SSA countries with national programs on energy access supported by policy/regulatory framework and infrastructure investment are making progress.

Author : Manfred Hafner,Simone Tagliapietra,Lucia de Strasser
Publisher : Springer
Page : 112 pages
File Size : 51,9 Mb
Release : 2018-08-06
Category : Business & Economics
ISBN : 9783319922195

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Energy in Africa by Manfred Hafner,Simone Tagliapietra,Lucia de Strasser Pdf

This open access book presents a picture of the current energy challenges on the African continent (and the Sub-Saharan region in particular) and proposes pathways to an accelerated energy transition. Starting with an analysis of the status quo and the outlook for Africa’s energy demand and energy access, it provides an account of the available resources, including hydrocarbons and renewable energy resources, which are playing an increasingly crucial role. It then moves on to analyze the level of investment required to scale-up Africa’s energy systems, shedding light on the key barriers and elaborating on potential solutions. It also provides a suggestion for improving the effectiveness of EU–Africa cooperation. While mainly intended for policymakers and academics, this book also speaks to a broader audience interested in gaining an overview of the challenges and opportunities of the African energy sector today and in the future.

Author : Yinka Omorogbe,Ada Ordor
Publisher : Oxford University Press
Page : 431 pages
File Size : 41,6 Mb
Release : 2018-02-22
Category : Law
ISBN : 9780192551733

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Ending Africa's Energy Deficit and the Law by Yinka Omorogbe,Ada Ordor Pdf

With the inclusion of access to energy in the sustainable development goals, the role of energy to human existence was finally recognized. Yet, in Africa, this achievement is far from realized. Omorogbe and Ordor bring together experts in their fields to ask what is stalling progress, examining problems from institutions catering to vested interests at the continent's expense, to a need to develop vigorous financial and fiscal frameworks. The ramifications and complications of energy law are labyrinthine: this volume discusses how energy deficits can burden disabled people, women, and children in excess of their more fortunate counterparts, as well as considering environmental issues, including the delicate balance between the necessity of water for drinking and cleaning and the use of water in industrial processes. A pivotal work of scholarship, the book poses pressing questions for energy law and international human rights.

Author : Peter F. Varadi,Frank Wouters,Allan R. Hoffman
Publisher : CRC Press
Page : 256 pages
File Size : 47,5 Mb
Release : 2018-03-26
Category : Science
ISBN : 9781351007306

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The Sun Is Rising in Africa and the Middle East by Peter F. Varadi,Frank Wouters,Allan R. Hoffman Pdf

Both Africa and the Middle East are blessed with enormous solar energy resources. Electrification is an urgent need in Africa, where many of its 54 countries are among the world’s fastest-growing economies, but where half the population still has no access to electricity. Solar energy is seen as the fastest and cheapest path to addressing this need. Oil-rich countries in the Middle East are turning to solar energy to meet the growing domestic demand for electricity, freeing up hydrocarbons for export. This book describes the energy transition in Africa and the Middle East, from dependence on fossil fuels to increasing reliance on solar energy. The authors were assisted by the contributions of top experts Wolfgang Palz, Anil Cabraal, and Richenda Van Leeuwen in their efforts to provide a sound basis for understanding where solar energy is heading in these two important global regions.

Author : Victoria R. Nalule
Publisher : Springer Nature
Page : 477 pages
File Size : 49,9 Mb
Release : 2020-10-12
Category : Political Science
ISBN : 9783030568498

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Energy Transitions and the Future of the African Energy Sector by Victoria R. Nalule Pdf

This book explores current developments in the African energy sector and highlights how these are likely to be affected by the ongoing global efforts to transition to a low-carbon economy. It analyses the legal, regulatory and policy frameworks at the national and regional level as they relate to Energy transition in Africa and discusses how regionalism is increasingly utilized to tackle energy access and climate change challenges. Using case studies from across the continent, several key thematic issues, including gender justice, social license to operate, local content and conflict of energy laws are covered in detail. The authors also uniquely examine the progressive nature of global energy use and introduce the new concept of ‘Energy Progression.’ This book will be an invaluable reference for researchers and policymakers looking for a comprehensive overview of the field.

Author : United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations
Publisher : Unknown
Page : 100 pages
File Size : 45,7 Mb
Release : 2014
Category : Africa, Sub-Saharan
ISBN : MINN:31951D03813164W

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The Future of Energy in Africa by United States. Congress. House. Committee on Foreign Affairs. Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations Pdf

Author : David Elliott,Terence Cook
Publisher : Springer
Page : 139 pages
File Size : 41,8 Mb
Release : 2018-03-28
Category : Business & Economics
ISBN : 9783319747873

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Renewable Energy by David Elliott,Terence Cook Pdf

Significant progress has been made by industrial countries to reduce emissions from the use of fossil fuels, but as the economies of the less-developed regions of the world begin to expand, they too will face similar challenges. This book looks at energy transitions being made in developing countries, focusing on the adoption of renewable energy systems in Africa, for example under the UN Sustainable Energy for All programme, but also by the EU in the Former Soviet countries of Eastern and Central Europe. It draws on experience from involvement with programmes in the EU and Africa and will be of great interest to academics, policy makers and practitioners in the development aid and renewable energy policy fields.

Author : International Renewable Energy Agency IRENA
Publisher : International Renewable Energy Agency (IRENA)
Page : 126 pages
File Size : 54,9 Mb
Release : 2020-11-01
Category : Technology & Engineering
ISBN : 9789292602833

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Global Landscape of Renewable Energy Finance 2020 by International Renewable Energy Agency IRENA Pdf

Global investments in renewables must grow faster to meet climate goals. This report provides recommendations to scale up investment and mobilise capital.

Author : Anton A. Eberhard,Katharine Gratwick,Elvira Morella
Publisher : Directions in Development
Page : 0 pages
File Size : 55,6 Mb
Release : 2016
Category : Business & Economics
ISBN : 1464808007

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Independent Power Projects in Sub-Saharan Africa by Anton A. Eberhard,Katharine Gratwick,Elvira Morella Pdf

"The World Bank, Global Practice Energy & Extractives, Africa Renewable Energy and Access Program, December 2015."