Experts urge African countries to adopt renewable energy resources
20 February 2023 |
4:14 am
Amid urgent need to accelerate transition from fossil fuels and address climate crisis, experts have called on African countries to embrace renewable energy resources.
International Renewable Energy Agency (IRENA) and United Nations Industrial Development Organization (UNIDO) Support Global Energy Transition Through Green Hydrogen
Amid urgent need to accelerate transition from fossil fuels and address climate crisis, experts have called on African countries to embrace renewable energy resources.
They noted that generating renewable energy creates far lower emissions than burning fossil fuels, which currently account for the lion’s share of emissions.
The International Renewable Energy Agency (IRENA) report noted that Africa has vast resource potential in wind, solar, hydro and geothermal energy, while falling costs are increasingly bringing renewables within reach. Central and Southern Africa have abundant mineral resources essential to the production of electric batteries, wind turbines, and other low-carbon technologies.
According to IRENA, decisions made today will shape the continent’s energy sector for decades.
The experts call comes against background of the report by energy think tank Ember’s European Electricity Review, which stated that Wind and solar produced a record fifth (22 per cent) of European Union electricity in 2022, overtaking for the first time fossil gas (20 per cent).
The findings said Europe’s use of coal is now falling – and it’s not coming back and that countries remain as committed to phasing out coal as they were before the crisis.
The report noted that record growth in renewables is only just starting: For the first time, wind and solar reached a fifth of EU electricity in 2022 . It said Solar generation rose the fastest, growing by a record 39 TWh (+24 per cent) in 2022—almost twice its previous record—which helped to avoid €10 billion in gas costs.
A cheering news from the Ember report estimates that fossil generation could plummet by 20 per cent in 2023, double the previous record from 2020. Coal generation will fall, and gas generation, which is expected to remain more expensive than coal until at least 2025, will fall the fastest.
Reacting to the report, Global Wind Energy Council, Africa Director, Wangari Muchiri, said one of the lessons African countries can learn from this is to embrace “our abundant renewable energy resources, which are some of the best in the world.”
Similarly, Chief Executive Officer, Africa Climate Ventures, and Founder of the Climate Action Platform, Africa, James Mwangi, described the report on Europe as both encouraging and a warning for Africa.
He said the data underlines the risk that Africa faces of ending up with stranded assets in terms of large investments in fossil fuels energy infrastructure, at a time when Africa also has a huge abundance of untapped renewable energy potential.
“It makes little to no sense for Africa to spend large amounts of its limited investment capital on a fading technology that will inevitably need to be written off in the near future and is already losing ground to renewables even in Europe. Renewables have a much-extended lifespan and more attractive long-term economics. The $133 billion every year needed by Africa in clean energy investment is what this continent needs.”
Speaking on the report, Director, Health of Mother Earth Foundation (HOMEF), Nnimmo Bassey, said the authors are enthusiastic that the attainment of net zero in the 2030s by Europe will make the 1.5C targets attainable.
He noted that reality is that many contributory factors to the rise of greenhouse gases in the atmosphere are still not seriously tackled and there is no real resolve to keep fossils in the ground. “Moreover the 1.5C target already spells trouble for Africa and Small Island States,” Bassey added.
Related
Latest
20 mins ago
Tech4her Africa on Thursday launched its DataDiva Project, an ambitious initiative aimed at equipping 5,000 female university students across Lagos and three other Southwest states in Nigeria with essential data science skills by 2026. The DataDiva project is an independent program organised to support the annual Women in Data Science (WiDS) Datathon held at Stanford…
1 hour ago
AIDS Healthcare Foundation (AHF), an NGO, on Thursday, trained women living with Human Immunodeficiency Virus (HIV) in the FCT, Abuja, on prevention of transmission of the virus to infants. The organisation’s Country Director, Dr Echey Ijezie, said during a one-day workshop for participants across the six area councils of the FCT, that the initiative is…
1 day ago
Liverpool were knocked out of the Europa League by Atalanta with the Italian side reaching the semi-finals 3-1 on aggregate on Thursday.
1 day ago
The New Nigeria People's Party (NNPP), on Thursday, declared its readiness for reconciliation with former members who have expressed a desire to rejoin the party. NNPP also debunked the claims made by some expelled individuals who announced the suspension of Governor Abba Kabir Yusuf of Kano State for attending the NNPP national convention. The Acting…
1 day ago
In response to disruptions sparked by recent haulage rate announcements for Eastern Ports, the Nigerian Shippers' Council (NSC) has agreed to schedule a stakeholder meeting to renegotiate the rates. This, according to NSC will serve as a platform where robust consultation and decisive action would be taken to ease the stress of port users. Emerging…
1 day ago
Nigeria's Tunde Onakoya has completed one full day in his attempt to break the Guinness World Record for longest Chess marathon in Times Square, United States. Onakoya is attempting to break the longest chess marathon which currently stands at 56 hours,nine minute and 37 seconds. The record was achieved by Hallvard Haug Flatebø and Sjur…
1 day ago
The Oyo State Government says it demolished the building belonging to the Yoruba Nation agitators in its capital, Ibadan, over alleged illegal and nefarious activities in the house.
1 day ago
Cryptocurrency exchange company, Binance said it is working very closely with the Nigerian government over its detained executive. The CEO of Binance, Richard Teng, disclosed this on Thursday with the company's head of financial crime compliance still in detention in Nigeria. The Nigerian government's Economic and Financial Crimes Commission (EFCC) is prosecuting Binance for laundering…
1 day ago
Landmark Group said the Lagos State government is yet to consult it on the Lagos-Calabar coastal road construction and beach sand filling. Landmark made this disclosure in a statement on Thursday and said the issue of the Lagos-Calabar coastal road passing through Landmark Beach remains a topic of wide-reaching discourse. The Group said it wants…
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.