Page 17 - kusonga-booklet
P. 17
... zooming towards LDCs *
17
* LDC = Least Developed Country
Understanding market barriers for the EV market
Over the next 25 years, electric vehicles will provide 2,701TWh of additional electricity
demand, to reach 8% of world consumption (source: BNEF).
Obviously, once intending to introduce
Electric Vehicles, one have to look into
its infrastructure and as part of it to
the energy supply.
While Rwanda has demonstrated a high pace of introducing both renewable energy and
increasing the grid availabity, it might have sacrificed competive energy prices.
Further analysis show that a recently 8.5 MWp introduced solar power plant, which covered
approximately 6% of Rwandan electric capacity at time of introduction has been granted
probably more than 30 million USD subsidies via a 25-year PPA agreement.
As the statistic of “grid availabity“ does not provide figures about “reliable grid availabity“,
it‘s a further barrier to consider.
