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Browsing: global energy transition
- Solar energy, alongside wind power, has become the cheapest way to meet the growing demand for electricity, according to the World Bank.
- World Bank’s Demetrios Papathanasiou says many developing countries have some of the world’s best solar and wind resources.
- He expresses his optimism about the ability of global countries to tap into advances in solar energy and make dramatic gains.
Solar energy is expected to surpass coal as the world’s most available energy source by 2027. The African countries with the most immense global potential are critical drivers of this projection.
The World Bank, in its latest energy report update, says that of the nearly 675 million people who still live without electricity worldwide, more than 80 per cent, or 567 million people, live in sub-Saharan Africa.
It says that 2030 solar mini-grids could bring high-quality, uninterrupted power to 380 million people.
“This is if governments and …
- For a country so crucial to the global energy transition, the world awaits DR Congo’s political transition.
- Congo’s political transition will be a massive factor in the significance of its massive natural resources in global energy transition needs.
- President Felix Tshisekedi, seeking a fresh mandate from the people, refers to Congo as the ‘solution country’ for the global climate crisis.
The Democratic Republic of Congo goes to the polls today to elect a president whose role will be vital in the global fight against climate change over the next five years. The Central African nation’s minerals, forests, and rivers are crucial to the future of green transition globally. Congo’s political transition will be a massive factor in the significance of these resources in global energy needs.
President Felix Tshisekedi, seeking a fresh mandate from the people, refers to Congo as the ‘solution country’ for the global climate crisis. However, he …
Africa’s oil and gas industry is entering a new era. The world is looking to fast-track its transition from fossil fuels. Consequently, this puts pressure on the continent’s oil and gas-producing nations. Most producing countries remain highly exposed to the global energy transition since their economies depend on oil and gas revenues. Similarly, their oil and gas reserves cost more to produce and, on average, remain more carbon-intensive than those from other regions.…
