South Africa – With the 19th edition of the Africa Utility week and PowerGEN event kicking off in Cape Town, South Africa on 14 May 2019, General Electric (GE) has unveiled a whitepaper on Re-imagining the future of power in Sub-Saharan Africa
The paper, developed by the Strategic Marketing unit of GE in Sub-Saharan Africa focuses on the changing trends and future direction of the energy industry as it explores the relevance and impact of key drivers both regionally and globally.
The main themes that the paper touches on include decarbonisation, decentralisation and digitisation as well as how they affect the current and future energy transformations in the region. The paper also looks at the growth of renewables including solar, wind and hydro and how geothermal fits in Sub Saharan Africa’s energy mix. The whitepaper also discusses energy sector management, financing and regulatory frameworks that create an enabling environment for the sector.
Among other things the whitepaper puts in the spot light the future game changers in the energy landscape in Sub- Saharan Africa. It also discusses the factors contributing to energy transformation and the enabling environment and also describes the market’s response through region-specific case studies and the path forward.
Most Sub-Saharan Africa governments are faced with investment, policy and regulatory framework challenges that usually hamper their ability to fulfil the responsibility of providing affordable and reliable power. And with much of Sub-Saharan Africa in great need of power there appears to be an over-dependence on governments to resolve this energy dilemma.
With increasingly diverse funding from public and private sources, including innovative partnerships with private investors and independent power producers (IPPs), the current narrative that two out of three people in the region needs access to electricity is expected to change.
“To solve Africa’s energy deficit and improve energy access, there is a clear need for solutions that foster collaboration through partnerships with governments, technology providers and the private sector” said Elisee Sezan, CEO for GE’s Gas Power business in Sub-Saharan Africa.
“GE has been at the forefront of driving this collaboration which has resulted in significant milestone projects and solid partnerships that have successfully added more megawatts to the grid. We are delighted to lead this changing narrative on powering Africa forward and are committed to supporting energy initiatives to accelerate its progress” Elisee added.
Africa Utility Week brings together utilities, financiers and energy leaders from across the region to discuss and develop technical knowledge in the field of electricity generation, transmission and distribution.