Browsing: Energy transition in Africa

• Africa is still in the early stages of the energy transition, and this includes the economic, financial, and societal aspects.
• Across economies, many of the technologies to produce low-emissions steel are relatively nascent, with issues to solve.
• Increasingly, policymakers are realizing that making energy transition from fossils to clean energy is costly.

Net-zero, an energy transition from traditional sources of fuel that pollute the environment to green energy and renewable sources, is the new global call for companies and organizations.

So far, there has been tremendous momentum, especially in the adoption of wind and solar power, electric cars, heat pumps. Climate finance has started to flow, albeit slowly to the Global South, and many companies have made considerable commitments.

“But right now, the world at large is only at about 10 per cent of the deployment of physical assets, that is, the technologies and infrastructure that we will need to …

• The 2009 Copenhagen Accord was not a binding promise but set up a durable framework for future talks.
• One of these solutions is for African countries to use crude oil, natural gas, and other hydrocarbons to develop their resources and use the revenues to finance energy transition.
• In the process, they should also seek to meet several other complementary goals, such as building gas-fired plants that can provide cleaner power than existing coal.

From an African perspective, one of the most important things to come out of COP15, the 2009 United Nations Climate Change Conference in Copenhagen, was the formal recognition of the fact that lower-income countries were not in a position to bear as much of the cost of the energy transition as their higher-income counterparts.

That recognition was spelt out in the section of the Copenhagen Accord that included a pledge from the world’s highly developed states to …

The vast renewable energy potential across the African continent, combined with Europe’s ambitious production and import targets, is reshaping energy pathways and challenging established norms. Moreover, Africa and Europe have taken the reins in driving the global green hydrogen economy, marking a landmark shift in energy dynamics. …

• Africa’s energy sector is at a crossroads but it has the chance to lead the global shift to sustainable power.
• Africa is forging a cleaner, brighter future through renewables, innovation, community engagement, and resilience.
• For Africa, collaborations with global partners can light the way past the current sustainable energy financial hurdles.

Africa, known for its diverse landscapes and rich cultural mix, is now emerging as a key player in the global transition to sustainable energy sources.

As the world grapples with the challenges of climate change and seeks to reduce its reliance on fossil fuels, the African continent finds itself at a critical juncture in its energy journey.

With abundant renewable resources, innovative technologies, and a growing commitment to sustainable development, Africa is poised to lead the way in the global shift towards clean and green energy.

Africa boasts an abundance of renewable energy resources, including ample sunshine, strong winds, …