Independent Power Projects in Sub-Saharan Africa

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Release : 2016-04-18
Genre : Technology & Engineering
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Book Rating : 015/5 ( reviews)

Independent Power Projects in Sub-Saharan Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Independent Power Projects in Sub-Saharan Africa write by Anton Eberhard. This book was released on 2016-04-18. Independent Power Projects in Sub-Saharan Africa available in PDF, EPUB and Kindle. Inadequate electricity services pose a major impediment to reducing extreme poverty and boosting shared prosperity in Sub-Saharan Africa. Simply put, Africa does not have enough power. Despite the abundant low-carbon and low-cost energy resources available to Sub-Saharan Africa, the region s entire installed electricity capacity, at a little over 80 GW, is equivalent to that of the Republic of Korea. Looking ahead, Sub-Saharan Africa will need to ramp-up its power generation capacity substantially. The investment needed to meet this goal largely exceeds African countries already stretched public finances. Increasing private investment is critical to help expand and improve electricity supply. Historically, most private sector finance has been channeled through privately financed independent power projects (IPP), supported by nonrecourse or limited recourse loans, with long-term power purchase agreements with the state utility or another off-taker. Between 1990 and 2014, IPPs have spread across Sub-Saharan Africa and are now present in 17 countries. Currently, there are 125 IPPs, with an overall installed capacity of 10.7 GW and investments of $24.6 billion. However, private investment could be much greater and less concentrated. South Africa alone accounts for 67 IPPs, 4.3 GW of capacity and $14.4 billion of investments; the remaining projects are concentrated in a handful of countries. The objective of this study is to evaluate the experience of IPPs and identify lessons that can help African countries attract more and better private investment. At the core of this analysis is a reflection on whether IPPs have in fact benefited Sub-Saharan Africa, and how they might be improved. The analysis is based primarily on in depth case studies, carried out in five countries, including Kenya, Nigeria, South Africa, Tanzania and Uganda, which not only have the most numerous but also among the most extensive experience with IPPs.

Independent Power Projects in Sub-Saharan Africa

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Author :
Release : 2016
Genre : Business & Economics
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Book Rating : 005/5 ( reviews)

Independent Power Projects in Sub-Saharan Africa - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Independent Power Projects in Sub-Saharan Africa write by Anton A. Eberhard. This book was released on 2016. Independent Power Projects in Sub-Saharan Africa available in PDF, EPUB and Kindle. "The World Bank, Global Practice Energy & Extractives, Africa Renewable Energy and Access Program, December 2015."

Underpowered

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Release : 2012
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Underpowered - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Underpowered write by Anton Eberhard. This book was released on 2012. Underpowered available in PDF, EPUB and Kindle. Sub-Saharan Africa is in the midst of a power crisis marked by insufficient generating capacity, unreliable supplies, high prices, and low rates of popular access to the electricity grid. The region's capacity for generating power is lower than that of any other world region, and growth in that capacity has stagnated. The average price of power in Sub-Saharan Africa is double that of other developing regions, but supply is unreliable. Because new household connections in many countries are not keeping up with population growth, the electrification rate, already low, is actually declining. The manifestations of the current crisis are symptoms of deeper problems that are explored in this study of power sector institutions in 24 countries of Sub-Saharan Africa, which draws extensively on a new body of research undertaken as part of the multi-donor Africa Infrastructure Country Diagnostic (AICD). There are nearly 60 medium- to longer-term power sector projects involving the private sector in the region excluding leases for emergency power generation. Almost half of these are independent power producers (IPPs). Involving more than $2 billion of private sector investment, these IPPs have added early 3,000 MW of new capacity. A few IPP investments have been particularly well structured and contribute reliable power to the national grid.

From the Bottom Up

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Release : 2014-01-23
Genre : Business & Economics
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Book Rating : 118/5 ( reviews)

From the Bottom Up - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook From the Bottom Up write by Bernard Tenenbaum. This book was released on 2014-01-23. From the Bottom Up available in PDF, EPUB and Kindle. This report describes the four basic types of on- and off-grid small power producers emerging in Africa and highlights the regulatory and policy questions that must be answered by electricity regulators, rural energy agencies, and ministries to promote commercially sustainable investments by private operators and community organizations.

Africa's Power Infrastructure

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Release : 2011
Genre : Technology & Engineering
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Book Rating : 554/5 ( reviews)

Africa's Power Infrastructure - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Africa's Power Infrastructure write by Orvika Rosnes. This book was released on 2011. Africa's Power Infrastructure available in PDF, EPUB and Kindle. Africa's Power Infrastructure: Investment, Integration, Efficiency is based on the most extensive data collection exercise ever undertaken on infrastructure in Africa: the Africa Country Infrastructure Country Diagnostic (AICD). Data from this study have provided new insights on the extent of a power crisis in the region, characterized by insufficient capacity, low electricity connection rates, high costs, and poor reliabilityùand on what can be done about it. The continent faces an annual power sector financing gap of about $21 billion, with much of the existing spending channeled to maintain and operate high-cost power systems, leaving little for the huge investments needed to provide a long-term solution. Meanwhile, the power crisis is taking a heavy toll on economic growth and productivity. This book asserts that the current impediments to economic growth and development need to be tackled through policies and investment strategies that renew efforts to reform state-owned utilities, build on the lessons of private participation in infrastructure projects, retarget electrification strategies, expand regional power trade, and mobilize new funding resources. Further development of regional power trade would allow Africa to harness larger-scale and more cost-effective energy sources, reducing energy system costs by US$2 billion and carbon dioxide emissions by 70 million tons annually. But reaping the promise of regional trade depends on a handful of major exporting countries raising the large volumes of finance needed to develop generation capacity for export; it also requires a large number of importing countries to muster the requisite political will. With increased utility efficiency and regional power trade in play, power costs would fall and full cost recovery tariffs could become affordable in much of Africa. This will make utilities more creditworthy and help sustain the flow of external finance to the sector, which is essential to close the huge financing gap.