Page 6 - AfrElec Week 17 2022
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                         energy transitions. This issue is crucial, as such  cancelled, as Beijing has been a major financial
                         developing nations require quick capacity addi-  supporter of new coal plants on the continent.
                         tions to meet rising power demand, but they are   Indeed, coal capacity in development in
                         also exposed to the costs of coal development.  Africa and the Middle East fell from 21.1 GW
                         They are running the risk of having stranded  in 2020 to 16.1 GW in 2021, a one-year decline
                         assets in future.                    of 23%, and a decline of 73% since 2015, when it
                                                              was 60.2 GW. Only 2.4 GW of new coal was com-
                           African hopes                      missioned or recommissioned in 2021 at plants
                           Outside China, 27 countries are still consid-  in Senegal, the United Arab Emirates and South
                         ering new projects with a total capacity of 108  Africa, raising the region’s operating coal capac-
                         GW. (Among these countries, all proposals for  ity from 49.8 GW in 2015 to 56.7 GW by 2021.
                         Morocco, Ivory Coast, Djibouti, Papua New   Africa’s coal future will be dominated by
                         Guinea, Sri Lanka, and Uzbekistan are consid-  South Africa, where 1.5 GW of additional coal
                         ered shelved or cancelled as of 2021.)  capacity was commissioned at the long delayed
                           Meanwhile, 2022 will see Egypt hosting  and over-budget Kusile and Medupi plants,
                         COP27, with an end to new coal construction  bringing South Africa’s operating coal capacity
                         in Africa continent now being within reach, the  to 43.4 GW in 2021, 76% of the operating coal
                         report said.                         capacity in Africa and the Middle East.
                           Although 12 countries still have coal pro-  Additionally, 2 GW of coal power projects
                         posals – down by three since July 2021 (Ivory  were presumed cancelled in 2021 in the coun-
                         Coast, Morocco, and Djibouti) – seven of these  try, including the controversial 300 to 600-MW
                         countries have only a single plant under consid-  Khanyisa plant backed by Saudi Arabia’s ACWA
                         eration, and economic headwinds, coupled with  Power.
                         the likely loss of critical Chinese public finance,   Elsewhere in Africa, Zimbabwe will be vul-
                         leave many projects in Africa highly unlikely to  nerable to China’s exit from coal financing, as its
                         proceed.                             5.9 GW under development, the highest figure
                           COP27 represents an opportunity for the  for any African country, is mostly dependent
                         international community to support African  on uncertain Chinese financing. Mozambique’s
                         regional leadership in the shift away from new  300-MW Ncondezi project could also be in dan-
                         coal, and towards a clean-energy led future.  ger.™Zimbabwe is in talks with its northwestern
                           The report estimated that the pulling of Chi-  neighbour, Zambia, for a possible electricity sup-
                         nese support would mean that in Africa half of  ply deal to make up for an unreliable feed from
                         the proposed 15.9 GW of coal capacity could be  South Africa, a minister has said.™






































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