Page 18 - AfrElec Week 02 2023
P. 18

AfrElec                                       RENEWABLES                                              AfrElec

       UK to invest $2bn in 2,000MW





       of green capacity in in Zambia






        ZAMBIA           SEVEN British companies are carrying out feasi-  Lusaka Times writes that of the seven compa-
                         bility studies expected to result in them investing  nies, three have been dissolved, one has liabilities
                         a total of $2bn in wind and solar projects in Zam-  of $840mn, while there is no data on two of them
                         bia to generate 2,000MW, a top official has said.  and the other is a nongovernmental organisation
                           Britain’s high commissioner to Zambia, Nich-  that has been operating in Zambia since 2008.
                         olas Woolley, said in a release cited by Lusaka   Zambia has been facing an energy crisis in
                         Times on Thursday (January 12) that the com-  recent weeks after a drought depleted usable
                         panies are also applying for regulatory approv-  storage on a lake where it has a 1,080MW gen-
                         als. The facilities, he added, could produce first  erating plant.  It has announced a plan to impose
                         power to the national grid in the next two to five  a 12-hour daily electricity rationing regime
                         years.                               affecting the country including its lifeline min-
                           The seven firms are Hive Green, Western  ing industry.
                         Power, Buffalo Energy, Africa GreenCo, First   A top Zambian opposition leader, Emmanuel
                         Quantum Minerals Solar Energy, Vitalite Solar,  Mwamba, raised concern over some demands
                         and SolarAid.                        that he alleges some of the companies have
                           Sarah Bloom, head of economic development  made. The independent power producers (IPPs)
                         and green growth at the British High Commis-  want ZESCO privatised. They, too want ZESCO
                         sion in Zambia, however, said that regulatory  to buy power at a higher price when consumers
                         reforms are needed in the country’s energy sec-  and the mining sector buy it extremely cheap
                         tor to attract more investment. She also noted  from the utility.
                         that tariffs need to be attractive and that ZESCO,   “Who foots the difference?” he asked accord-
                         the power utility, should be in a good financial  ing to Lusaka Times. “This is the reason ZESCO
                         situation in order to buy power from independ-  owes $1bn to IPPs.”™
                         ent producers.
       Mozambique to scale up





       electricity exports





        SOUTH AFRICA     MOZAMBIQUE is positioning itself to profit  from untapped coal, hydro, gas, wind and solar
                         from a worsening electricity supply deficit in  resources. Hydropower accounts for about 81%
                         southern Africa by ramping up exports to three  of installed capacity, but natural gas and renew-
                         of its neighbours, its national news agency AIM  able energy sources occupy a growing share of
                         reports.                             Mozambique’s energy mix. 
                            Marcelino Gildo Alberto, chairman of power   South Africa, Zimbabwe and Zambia are
                         utility Electridade de Moçambique (EDM),  struggling with inadequate electricity. As a
                         said exports into the region contribute 22% of  result, they are rationing supplies, with outages
                         the company’s annual revenues, which could  ranging from 10 to 18 hours daily. South Africa’s
                         increase as the firm boosts supplies across south-  crisis is broadly due to its dependence on old,
                         ern Africa.                          coal-burning facilities while a falling water level
                            “The southern African region is in crisis.  in Lake Kariba, due to drought, has been blamed
                         South Africa is short of power, Zimbabwe the  for the situation in Zimbabwe and Zambia.
                         same, Zambia too, and recently we learned that   Only 29% of Mozambique’s population has
                         Tanzania is starting to have problems. So, we are  access to electricity due to limited transmission
                         going to take advantage of this situation to sell  and distribution networks and unfavourable
                         to the regional market, because we have surplus  market conditions for new generation, Power
                         energy,” AIM cited Alberto as saying on Friday  Africa says.
                         (January 6).                           Commenting on the expansion of electricity
                            Power Africa, a US government initiative  supply in the country, Alberto said EDM made a
                         to increase power supply on the continent says  total of 348,000 new connections in 2022, with a
                         at 187 gigawatts, Mozambique has the largest  further 320,000 planned for 2023.™
                         power generation potential in southern Africa



       P18                                      www. NEWSBASE .com                         Week 02  11•January•2023
   13   14   15   16   17   18   19   20