Page 9 - AfrElec Week 35
P. 9

AfrElec                                           FUELS                                              AfrElec


       Kenya avoids fuel shortages





        KENYA            KENYA’S Energy and Petroleum Regulatory  they could not obtain it from wholesalers, she
                         Authority (EPRA) has said that recent price  added.
                         increases and emergency procurement cam-  EPRA responded by taking steps to make
                         paigns are helping the country to avoid petro-  more gasoline and diesel available across
                         leum product shortages.              the country, she said. “In order to bridge the
                           Mueni Mutung’a, the acting director-general  gap, emergency tenders were called [earlier
                         of the agency, told the Nation earlier this week  in August] through the open tender system,
                         that supply conditions had not been favourable  thereby alleviating supply constraints,” she was
                         at the beginning of August. This is largely a result  quoted as saying by the Nation.
                         of the fact that demand for gasoline and diesel   These extra volumes should help cover any
                         has grown much more quickly than expected  gaps that may occur as traders ramp up imports,
                         since the end of June, when curfews and restric-  she said.
                         tions on movement began to be lifted, she said.  Mutung’a also noted that market conditions
                           In April, she explained, Kenyan fuel traders  had changed as a result of the government’s deci-
                         reacted to the demand destruction resulting  sion to raise motor fuel prices. The rate hike took
                         from the coronavirus (COVID-19) pandemic  effect on August 14, causing gasoline and diesel
                         by scaling back their petroleum product import  prices to climb by 20% and 17% respectively.
                         schedules for May and June. As a result, she said,   Kenya has seen motor fuel consumption lev-
                         when demand began rising again in July, some  els rise significantly since the end of June. EPRA
                         traders – especially independent firms serving  data show that traders in the East African state
                         remote and isolated parts of the country – were  sold 174mn litres of gasoline and 217mn litres of
                         not able to access enough gasoline and diesel to  diesel in August, up from 144mn litres of gaso-
                         satisfy customers. Some had no choice but to buy  line and 187mn litres of diesel in July.™
                         fuel from large companies at retail price, since

                                                    RENEWABLES

       Siemens Gamesa to supply turbines to Enel-




       led 301MW wind farm in Morocco




        MOROCCO          SIEMENS  Gamesa Renewable Energy has  Boujdour (300-MW), Jbel Lahdid (200-MW),
                         received an order from an Enel-led group to  Tiskrad (100-MW) and Tangier II (70-MW),
                         supply 301 MW of wind turbines for Morocco’s  form an important component of the govern-
                         Boujdour wind farm.                  ment’s national energy strategy.
                           The deal, which calls for the Spanish company   In 2018, ONEE said that the 850-MW pro-
                         to install 87 of its SG 3.4-132 model turbines at  ject could require total investment of over
                         Boujdour, along with a 5-year service agreement,  MAD12bn ($1.25bn). This would be funded by
                         was signed with a consortium of Morocco’s Nar-  equity investments from the shareholders Enel
                         eva, an energy investment company owned by  Green Power and Navera, as debt financing from
                         the Moroccan royal family, and Italy’s Enel Green  ONEE.
                         Power.  The project is expected to be commis-  ONEE has already borrowed from the Ger-
                         sioned by the third quarter of 2022.  man Development Bank (KfW), the European
                           The Boujdour wind farm was awarded to the  Investment Bank (EIB) and the European Com-
                         consortium in 2016 as part of an 850-MW wind  mission to fund the 180-MW Midelt wind farm,
                         tender in Morocco, Siemens Gamesa said in a  the first part of the whole 850-MW development.
                         statement.                             Rabat wants the country to achieve 52%
                           Morocco’s state-run energy regulators ONEE  renewables by 2030.
                         and MASEN said in November 2019 that the   Enel currently operates one 55-MW wind
                         wind farm would require MAD4bn ($435mn)  farm in Morocco. Nareva currently controls
                         of investment.                       3,350 MW of energy assets in Morocco, of which
                           The Boujdour wind farm is just one of the  60% is renewable energy. Nareva already oper-
                         five that make up the Moroccan government’s  ates five wind farms in Morocco, including the
                         850-MW Projet Éolien Intégré (Integrated  300-MW Tarfaya wind farm, one of the largest in
                         Wind Energy Project), which will all be privately  Africa, and is building the first coal-fired thermal
                         funded and developed by Nareva and Enel Green  plant with ultra-supercritical technology at Safi
                         power.  The five projects, Midelt (180-MW),  (2 × 693 MW).™



       Week 35   03•September•2020              www. NEWSBASE .com                                              P9
   4   5   6   7   8   9   10   11   12   13   14