Page 7 - AfrElec Week 08 2022
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AfrElec COMMENTARY AfrElec
fossil fuel generation if it pursued a green recov- well as saving more than 65mn tonnes of carbon
ery approach for wind energy. This could be emissions equivalent.
transformative, generating nearly one-quarter “Policy commitments, investment in expan-
of a million new jobs and adding $3.5bn in gross sion of grid and transmission infrastructure,
value to the economy, over a wind farms lifetime. as well as simplifying the permitting schemes
In South Africa, the coal to clean journey for renewable energy projects are the common
– kickstarted with an $8.5bn financing pack- recommendations across each country studied
age agreed at COP26 – could deliver an extra in this report. Addressing these barriers pro-
250,000 jobs and more than $10bn gross value actively, in coordination with the wind energy
added to the economy over 25 years if an ambi- industry and other relevant stakeholders, can
tious green recovery is pursued. support accelerated deployment of wind energy
This would also deliver enormous decreases and a green recovery in emerging economies,”
in carbon emissions equivalent, as well as save Backwell said.
more than 50 million litres of water annually Mike Blanch, Associate Director, BVGA
from 2026. Associates, which co-wrote the report, said:
The Philippines could see more than $1.1bn “Wind energy can deliver a green economic
of gross value added to the economy, with more recovery and cheap energy. The report includes
than 1,650 MW of wind installations completed recommendations on how to strengthen policy,
under a more ambitious approach. Those instal- transmission and permitting to create jobs and
lations would support a 70% increase in jobs as establish local supply chains.”
Week 08 24•February•2022 www. NEWSBASE .com P7
