Page 17 - AfrElec Week 43 2022

AfrElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AfrElec

NewsBase’s Power Roundup

POWER WELCOME to NewsBase’s Power Roundup REM: Latin America offshore wind: 34 GW of
Global (NRG Power), in which the reader is installed capacity by 2050
invited to join our team of international editors, Driven by the growth of off-grid green hydro-
who provide a snapshot of some of the key issues gen projects, Latin America will see a sharp
affecting their regional beats. We hope you will like increase in offshore wind projects, with capac-
NRG Power’s new concise format, but by clicking ity reaching 34 GW by 2050, according to new
on the headline link for each section the full text analysis from Wood Mackenzie. This will cor-
will be available. respond to a 15.4% compound annual growth
rate starting from 2032, when the first projects
are expected to come online in the region.
AsiaElec: Chinese president approves tacit re-
turn to coal dependency ENERGO: Romania’s CE Oltenia to build 850-
With the holding of the Chinese Communist MW gas-fired power plant with Alro
Party’s 2022 Congress this past week, energy The coal and power group Complexul Ener-
issues featured prominently in the speeches getic Oltenia (CE Oltenia) has picked Alro alu-
of several high-ranking officials in the open- minium producer, following a competitive pro-
ing days. Most prominent were comments by cedure, to jointly build an 850-MW natural gas
sitting President Xi Jinping that authorities in power plant in Işalniţa, according to News.ro.
Beijing are in no great rush to move away from The project is at an advanced stage of authori-
carbon-based fuel to help achieve net-zero sta- sation – Alro already summoned its sharehold-
tus despite earlier promises. ers to endorse its participation in the project on
November 22 – and, according to current esti-
mates, the plant is supposed to supply electric-
ity to the national power grid starting in 2026..

Week 43 26•October•2022 www. NEWSBASE .com P17