Ebook309 pages8 hours
Independent Power Projects in Sub-Saharan Africa: Lessons from Five Key Countries
Rating: 0 out of 5 stars
()
About this ebook
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.
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.
Related to Independent Power Projects in Sub-Saharan Africa
Power Resources For You
DIY Lithium Battery Rating: 3 out of 5 stars3/5Electric Vehicle Battery Systems Rating: 0 out of 5 stars0 ratingsSolar Power Your Home For Dummies Rating: 4 out of 5 stars4/5Temporary Stages II: Critically Oriented Drama Education Rating: 0 out of 5 stars0 ratingsSolar Electricity Basics: Powering Your Home or Office with Solar Energy Rating: 5 out of 5 stars5/5Electric Motor Control: DC, AC, and BLDC Motors Rating: 5 out of 5 stars5/5Electronics All-in-One For Dummies Rating: 4 out of 5 stars4/5The Homeowner's DIY Guide to Electrical Wiring Rating: 5 out of 5 stars5/5The Permaculture City: Regenerative Design for Urban, Suburban, and Town Resilience Rating: 0 out of 5 stars0 ratingsThorium Fuel Cycle: Building nuclear reactors without uranium fuel Rating: 0 out of 5 stars0 ratingsHow Do Electric Motors Work? Physics Books for Kids | Children's Physics Books Rating: 0 out of 5 stars0 ratingsDo It Yourself: A Handbook For Changing Our World Rating: 3 out of 5 stars3/5Power Supply Projects: A Collection of Innovative and Practical Design Projects Rating: 3 out of 5 stars3/5Photovoltaic Design and Installation For Dummies Rating: 5 out of 5 stars5/5Electric Motors and Drives: Fundamentals, Types and Applications Rating: 5 out of 5 stars5/5Operational Amplifier Circuits: Analysis and Design Rating: 5 out of 5 stars5/5Serious Microhydro: Water Power Solutions from the Experts Rating: 0 out of 5 stars0 ratingsThe Ultimate Solar Power Design Guide Less Theory More Practice Rating: 4 out of 5 stars4/5How to Drive a Nuclear Reactor Rating: 0 out of 5 stars0 ratingsEmergency Preparedness and Off-Grid Communication Rating: 0 out of 5 stars0 ratingsThe Illustrated Tesla Rating: 5 out of 5 stars5/5Solar Power: How to Construct (and Use) the 45W Harbor Freight Solar Kit Rating: 5 out of 5 stars5/5Idaho Falls: The Untold Story of America's First Nuclear Accident Rating: 4 out of 5 stars4/5The Rare Metals War: the dark side of clean energy and digital technologies Rating: 5 out of 5 stars5/5The Boy Who Harnessed the Wind: Creating Currents of Electricity and Hope Rating: 4 out of 5 stars4/5Gas Turbine Engineering Handbook Rating: 4 out of 5 stars4/5The Wolfberry Chronicle Rating: 4 out of 5 stars4/5The Grid: The Fraying Wires Between Americans and Our Energy Future Rating: 4 out of 5 stars4/5Solar Power Demystified: The Beginners Guide To Solar Power, Energy Independence And Lower Bills Rating: 5 out of 5 stars5/5
Reviews for Independent Power Projects in Sub-Saharan Africa
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
Independent Power Projects in Sub-Saharan Africa - Anton Eberhard
j f book_preview_excerpt.html
Enjoying the preview?
Page 1 of 1