Africa poised for renewable energy growth
Africa has the potential and the ability to fuel the majority of its future growth with renewable energy, according to research from the International Renewable Energy Agency (IRENA).
Kenya 2030 is one initiative making this happen -- a key part of which is a robust economy driven by a stable, efficient and reliable supply of electricity to fuel economic growth.
"We firmly believe that Kenya is one of the countries to watch over the next five to 10 years," Claire Volkwyn, director of content and strategy for spintelligent, the company that organizes the East African Power Industry Convention said. "With an expected average GDP growth of 5 percent, Kenya's emphasis on growing generation capacity will continue to see a positive impact on the economy."
Geothermal development opportunities are particularly strong in Kenya. Combined with the need to continue strengthening transmission and distribution infrastructure, there is on-going investment in energy management and energy efficiency for large industry which is expected to continue in the foreseeable future.
Further renewable energy opportunities include world-class solar and hydropower resources, complemented by bioenergy, wind, and marine resources. In some regions, "Africa has the opportunity to leapfrog to modern renewable energy" unlocking huge economies of scale, and offering substantial benefits for equitable development, local value creation, energy security, and environmental sustainability, according to the IRENA research.
"Africa is undergoing a transformation, and has an unparalleled opportunity to use renewable energy to promote growth and improve millions of lives across the continent," says Adnan Z. Amin, IRENA director-general.
- see the report