But the real challenge revolves around determining which technologies are best suited to provide it and the actual extent of flexible capacity needed in the system.
Unfortunately, however, energy deprivation has not been given due attention, because it is either tucked away under living standards along with housing and drinking water or considered as part of infrastructure, where the focus is often on roads and bridges
This new power generation paradigm is, in many ways, a perfect fit for Africa. The continent enjoys some of the highest wind and solar energy resources on the planet, which means that the renewable energy plants built here boast some of the best productivity rates in the world.
Organisations across Africa are looking to development banks, governments, NGOs and private sector investors to secure financing at scale to support their energy transition objectives.
NEITI has called for a just, fair and equitable energy transition that prioritises Nigeria’s national interest in the engagements and response to the global energy transition process.
“Our customers’ expectations are clear – they want affordability and reliability to remain a central focus as we work to achieve net-zero carbon emissions by 2050,” said Lynn Good, Duke Energy chair, president and CEO
As Africa balances its need for more access to power with the global drive for a just transition to a clean energy future, a combination of renewables and gas power on the continent could lead to significant emissions reduction while delivering reliable, affordable, and sustainable power.
ng Africa Summit in Washington DC in March investors and governments will deep dive into how capital will move from available capital to invested capital.
