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The Eu’s Plan to Label Natural Gas and Nuclear Energy as Sustainable — is This Move Good for the African Continent?
The EU stated on January 1, 2022, that it sees a role for gas and nuclear energy “as a method of facilitating the transition to a largely renewable energy future”. The commission’s drive to classify nuclear energy and natural gas as environmentally friendly investments comes after months of discussion and political lobbying.
Building Strategic Alliances in the Renewable Energy Sector in Africa: Investing in a Future Saudi-Chinese-Japanese Project?
As the renewable energy sector in Africa is booming, it becomes increasingly more important to talk about international cooperation and the impact of regional
The World’s Largest Wind Farm, Hornsea 2, to Start Producing Power
The Hornsea 2 offshore wind farm in the United Kingdom’s North Sea, owned by the Danish energy company Ørsted, has generated its first electricity. Ørsted stated that the project’s offshore substation (OSS) and reactive compensation station (RCS) will be completed in late 2021, pending final approval from the Department of Energy.
Repositioning Africa under the AfCFTA
Established in 2018, the African Continental Free Trade Area (AfCFTA), represents perhaps Africa’s biggest opportunity for the next few decades in its battle against poverty of all forms, energy and infrastructure included.
Renewable Energy Growth in 2021 and Forecast till 2026
In 2021, nearly 290 GW of new renewable power was installed, a 3% increase over 2020’s already exceptional growth. In 2021, solar PV accounted for over half of all renewable power expansion, followed by wind and hydropower. Between 2020 and 2026, renewable electricity capacity is expected to grow by over 60%, to over 4800 GW.…
The Role Artificial Intelligence Can Play in Improving Africa’s Energy Situation
A huge revolution is taking place in the global energy system right now, and in the decades to come, energy systems around the world will become increasingly decentralized, digitalized, and decarbonized.
Renewable Energy Storage Potential in Africa and How Germany Has Been Able to Use Energy Storage to Improve Its Economy
According to World Bank Group President Jim Yong Kim. “Battery storage can help countries leapfrog to the next generation of power generation technology, expand energy access, and set the stage for much cleaner, more stable energy systems.
Key Changes in the Finance Act 2021
On 8 December, the National Assembly received the 2021 Finance Bill (the Bill) for consideration and eventual passage. As a build-on of the 2020 version, the Bill seeks to amend multiple laws such as the; the Capital Gains Act; Stamp Duties Act, Personal Income Tax Act; Companies Income Tax Act; Tertiary Education Trust Fund (Establishment Act) etc.
Investment Considerations of the African Continental Free Trade Agreement (AfCFTA)
The AfCFTA was created in March 2018, with the expectation of tying a USD 3 Trillion regional market with over USD 80 Billion in untapped intra-regional exports[1]. Of course, an agreement of this magnitude would have underlying protocols and arrangements for operational reasons.
The EU Sustainable Energy Week (EUSEW): Promoting a Green and Just Transition in Africa’s ‘Hotspots’ such as Mpumalanga
The EU Sustainable Energy Week (EUSEW), which took place virtually from October 25th-29th 2021, was celebrated under this year’s banner ‘Towards 2030: Reshaping the European Energy System’ just before COP26 kicked off in Glasgow.