Browsing: Africa’s energy transition

Tanzania'-Nuclear-Plan

Africa’s nuclear energy sector has undergone quite a transformation, with multiple governments moving past traditional energy sources to new, greener, and more sustainable ones. Nuclear energy has been a hot topic for most governments, with countries such as South Africa and Uganda releasing project plans for nuclear power plants. In recent news, Tanzania shocked the globe by revealing its nuclear energy plans at the Second Russia-Africa Summit. With these new developments, Tanzania has cast the die stating its intent to outpace its peers and dominate the upcoming era of technology.…

African Development Bank Ethiopia

The Sustainable Energy Fund for Africa (SEFA) (https://bit.ly/3tZp0eB) has approved a $1 million grant for the modernization of Africa’s aging hydropower fleet.

The grant will fund the mapping and evaluation of African hydropower facilities’ rehabilitation needs. It will also support the preparation of modernization works for two pilot facilities to a bankable stage, a move expected to add 200 MW in generation capacity, create 150 jobs and reduce greenhouse gas emissions by about 300 kilotons of CO2 annually. The modernization of hydropower stations is an opportunity to increase generation capacity at low-cost, and with relatively short lead times and minimal environmental impact.

Modern hydropower plays a key role in Africa’s energy transition, reducing reliance on fossil fuels and anchoring larger shares of Variable Renewable Energy sources. This transformative program under SEFA’s Green Baseload component will specifically capitalize on the significant market opportunity for rehabilitation of Africa’s existing …