Features and benefits
* Achieve a comprehensive understanding of how Africa’s market trends and legislation are influencing the development of the renewable energy market.
* Assess the emerging trends in renewable energy technology – wind power, solar power, hydropower, geothermal energy, and biomass capacity and generation.
* Quantify value and volume growth potential in Africa’s electricity market and in electricity generation technology type.
* Understand the main issues affecting the general electricity market and renewable electricity in particular
* Predict the key growth areas in Africa’s renewable energy industry.
Due to the rising population and subsequent increase in demand for electricity in Africa, there is an emerging global interest in entering the African renewable energy market to make use of the abundant available resources such as wind energy, solar power, hydropower, geothermal, and biomass. According to the US EIA, there is a large volume of unutilized wind power potential in the African continent, which will be exploited in the future.
Egypt, Morocco, Tunisia, and South Africa lead the acceleration of wind power capacity and generation growth in Africa. Small hydropower is set to grow in rural Africa. Africa has large solar power generation potential which interests Europe in terms of investment potential. Within areas of Sahara desert concentrated solar energy technology can be deployed through the Desertec Industrial Initiative (DII). The DII aims to increase electricity demand across North Africa and Middle East, while also targeting that 15% of Europe’s demand.