Do you believe that African countries are not keeping pace with the changing electricity supply industry (ESI) dynamic?
Originally published in the ESI Africa weekly newsletter on 2019/07/17
This year I’m honoured to be part of the judging panel for The Global Power & Energy 2020 Elites, and going through the nominations has been an eye-opener.
Innovation is not the sole domain of developed regions, as the nominations come from across the globe. Each project provides a clear message: how we generate energy and how we use power is undergoing remodelling.
If you feel that your ESI is not contributing to this change, there is cause for concern.
Electricity markets across the world are transforming and optimising their energy portfolios, taking responsibility to enable a sustainable future by delivering low-carbon, decentralised, smart energy solutions.
There appears to be a purposeful endeavour from all sectors to make a difference. Whether it is how we manage waste, grow crops, or managing the mobility of people and cargo, our world is changing, and it must.
For the African region, the emphasis is a little different due to its vast, remote areas. Access to grid-tied power is not an option or, where accessible, is not reliable. Here the metamorphosis is in the shape of off-grid and mini-grid expansion, and in the innovative financing solutions that are sprouting such as pay-as-you-go and rent-to-own units.
Another push for change is in Africa’s commercial and industrial market’s aggressive implementation of rooftop solar PV solutions and hybrid systems to power their businesses.
However, the transformation for large power users in remote areas remains a painstaking challenge, particularly for mining operations.
The operating costs for diesel-fired generators take a substantial hit on overheads. So why aren’t mining sites automatically investing in renewable energy?
Join us tomorrow [18 July] at 12:00 GMT for our latest webinar Gridlocked: How can mining companies reduce their reliance on grid power? which will unpack this topic at length.
The story behind how decentralised renewables are creating opportunities is an interesting one that is only going to get better with time.
Until next week.