News
EACOP WILL CONTRIBUTE IN MAKING ENERGY POVERTY HISTORY IN AFRICA BY 2030
The East African Crude Oil Pipeline (EACOP) is a critical component of eradicating energy poverty in Africa by 2030. The pipeline will be critical for job creation, local community empowerment, and wider socioeconomic growth in addition to transporting much-needed oil...
AFRICAN ENERGY CHAMBER (AEC) BRINGS TO PORTUGAL’S AFRO NATION FESTIVAL THE MESSAGE OF A JUST ENERGY TRANSITION AND SUPPORT FOR OIL & GAS
The African Energy Chamber (AEC) is taking part in Afro Nation, the world's largest Afro beats festival, mobilising thousands of Africans and the African diaspora to advocate for a just energy transition and to defend Africa's right to use fossil fuels. The AEC, as...
Could wealthy nations fund the energy transition in emerging markets?
As emerging markets continue to add capacity to generate renewable energy, some of the world’s wealthiest countries could help fund their energy transitions. In recent months officials from a number of developed nations have visited Indonesia to discuss the country’s...
Crossboundary Gets $25m for Solar Mini-Grids in Africa
Kenya-based Crossboundary Energy Access (CBEA), a mini-grid infrastructure fund, has raised $25 million from ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund to back renewable energy projects across the continent. The...
Africa’s energy transition calls for pragmatic measures to keep the continent competitive
During the United Nations High Level Dialogue in Energy in September 2021 – the first such dialogue in over forty years, the UN Secretary-General – H.E. Antonio Guterres – in his address urged countries to take urgent measures towards the rapid phase out of coal...
World Has ‘Gambled On Fossil Fuels and Lost’, Warns Guterres
António Guterres was addressing the Major Economies Forum on Energy and Climate in Washington DC, convened by the United States top climate envoy, John Kerry, and hosted by President Joe Biden. The meeting included countries representing 80 per cent of global GDP,...
Africa: New Plan to Accelerate Clean Energy Access for Millions Globally
Amid the global energy crisis and worsening climate emergency, the United Nations and partners on Wednesday launched two new initiatives to accelerate action towards achieving clean, affordable energy for all, and the ambitious goal of net-zero carbon emissions. The...
How Tanzania is Bagging Billions in Natural Gas Investments
Tanzania liquefied natural gas front has received a $30 billion shot in the arm from large energy companies including Equinor and Exxon Mobil. Tanzania has an estimated 57 trillion cubic feet of natural gas reserves ExxonMobil, Equinor and Shell are among two top...
Nigeria: How Master Plan Will Revamp Nigeria’s Energy Sector – Govt
The Minister of Science, Technology and Innovation, Dr Ogbonnaya Onu, has said the 2022 Revised National Energy Policy (RNEP) and the National Energy Master Plan (NEMP) will positively impact Nigeria's energy sector. Onu, who made this assertion in a statement signed...
Museveni – Africa Can Solve the Energy Crisis
The discovery of oil in Uganda has been cause for celebration at home. Predictably, however, the Lake Albert basin oil project -- which marks a milestone in Uganda's ambition to become an oil producer and exporter -- is being met with criticism from developed and...
Africa: New Plan to Accelerate Clean Energy Access for Millions Globally
Amid the global energy crisis and worsening climate emergency, the United Nations and partners on Wednesday launched two new initiatives to accelerate action towards achieving clean, affordable energy for all, and the ambitious goal of net-zero carbon emissions. The...
Niger gears up for nation’s first-ever wind farm, eventually one of Africa’s largest
Savannah Energy PLC and the Ministry of Petroleum, Energy and Renewable Energies of the Republic of Niger have signed an agreement for the construction and operation of the country’s first wind farm, which is expected to be one of the largest wind farms in Africa. The...
Ghana to leverage on revenues from oil and gas to develop cleaner energy – NAPO
Energy Minister, Dr. Matthew Opoku Prempeh says Ghana will leverage on revenues from her indigenous oil and gas resources to develop the renewable or cleaner energy the world advocates. This according to Dr. Prempeh will ensure that the country is not confronted with...
It’s time for Ghana to go green – Energy strategist
The Lead Technical Consultant to the Chamber of Petroleum Consumers Ghana (COPEC), Dr Yusif Sulemana, has suggested that this is the best time for Ghana to invest in green energy. According to him, especially at a time when the price of oil is hovering around $60 per...
Global corporate clean energy purchasing up 18% in 2020
Corporations purchased a record of 23.7 GW of clean energy in 2020, up from 20.1GW in 2019 and 13.6GW in 2018, according to new research published by BloombergNEF (BNEF). The increase came despite a year devastated by the Covid-19 pandemic, a global recession and...
IES: Electricity From Wind & Solar More Economical Than Nuclear
Research Analysts: Fritz Moses, Elizabeth Sam, & Abisola Ganiyu Institute for Energy Security’s (IES’) review of data from the U.S. Energy Information Administration (EIA) and financial advisory and asset management firm Lazard, have revealed that generating...
Zimbabwe: Dam Levels Continue to Rise
The national dam level has risen to over 79 percent following incessant rains that have been pounding the country. According to a weekly update from the Zimbabwe National Water Authority (Zinwa), the wet spell being experienced in most parts of the country continues...
South Africa: Wind Farm Says Massive New Rival Could Cost It “Hundreds of Millions” in Lost Energy
Existing West Coast One wind farm wants recent approval for upwind Boulders project to be reviewed, because it will "reduce its access to the wind" An existing wind farm is crying foul after the government last month gave the conditional go-ahead for a massive new...
DEME installs foundations for offshore wind farm
DEME has successfully completed the installation of 58 monopile foundations and two offshore substation foundations at the SeaMade offshore wind farm in the Belgian North Sea. The last monopile foundation landed on the seabed on 2 January 2020. Installation works...
Akosombo Dam poses no threat – VRA
The Volta River Authority (VRA) has assured Ghanaians that the Akosombo and Kpong Hydro Dams are safe and in good condition to serve the country. Contrary to the generally held view that hydro dams last for fifty years, after which they are decommissioned, VRA says...
