South Africa: Sub-Saharan Africa’s Renewable Energy Leader

Via Semafor, an interesting look at sub-Saharan Africa’s renewable energy generation prospects, illuminating South Africa’s commanding lead:

South Africa will produce nearly half of sub-Saharan Africa’s renewable energy generation capacity over the next half decade, the International Energy Agency estimates. Most of the 64 gigawatts of renewables in the region are expected to come from solar and wind energy sources, the bulk of which will be driven by South Africa’s expansion of industrial and residential applications.There’ll also be expanding renewable energy generation from hydropower in places like Ethiopia, Angola and Tanzania. But there is a downside to that dependence, the IEA said. “While large-scale hydropower projects can cost-effectively improve electricity access, they can take a decade or more to plan and build,” it warns. “As a result, annual additions can fluctuate following hydropower investment cycles.”



This entry was posted on Wednesday, January 17th, 2024 at 7:53 am and is filed under Angola, Ethiopia, Kenya, South Africa, Tanzania.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.