Browsing: International Energy Agency

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For practical reasons, European gas buyers need to find a way to make up for the supplies missing from Russia. And for both policy and practical reasons, Brussels wants to deny Moscow the opportunity to continue using gas supplies as a blunt instrument with which to threaten Europe in the future.

The change isn’t going to be immediate. Reducing Russia’s profile in the EU’s energy mix will take time. But the process of supply reduction is underway, and it has already opened up new opportunities for African gas producers to acquire market share in Europe. I expect those opportunities to last beyond the near term as the EU attempts to establish a new combination of gas suppliers to replace Russia over the next few years. 

I also hope Africa’s emerging gas producers take advantage of new LNG technologies, such as the modular Fast LNG solutions offered by New Fortress Energy…

  • Africa is facing a dilemma between mining fossil fuels and adopting cleaner sources of energy
  • Due to the Russia-Ukraine crisis, oil prices could jump even further than the US$129 a barrel
  • The IEA 10-point plan will open up job creation, skills transfer, technological development opportunities and new industries such as electric mobility

Africa is facing a dilemma between mining fossil fuels and adopting cleaner sources of energy. On one side, fossil fuels contribute immensely to the gross domestic products of most nations in the continent and stopping the mining of oil looks like “self-sabotage”. On the other hand, the world is experiencing harsh weather conditions due to climate change caused by the mining of these fossil fuels. There is a colossal force to mitigate and eventually halt these challenges.

How are African governments manoeuvering past this conundrum?

The decision appears like a mountain to climb, considering Africa is discovering new …

Rwanda and Uganda are quite ahead of their East African neighbours in the global switch to electric cars, even as infrastructure shortcomings limit investments in the emerging sector.

In the past two months, Kampala and Kigali have unveiled electric vehicle assembly plants, with Kenya and Tanzania only making baby steps toward embracing the new technology.

Uganda’s state-owned Kiira Motors Corporation has so far built two battery-powered cars and a solar electric bus showing its ambition in the region.

The electric bus is called the Kayoola Electric Vehicle Series (EVS) and has been built using Kiira Motors home-grown green mobility technologies while partnering with Motor Co. Ltd, a Chinese Equipment Manufacturer.

The electric buses have a capacity of 90 passengers (49 sitting and 41 standing), compared to the diesel engine vehicles which have a capacity of 65 passengers. They can cover a distance of 300km under a single charge.

Last year …