Kenya: Power Supply Restored In Parts Of Kenya After 3 Hour Blackout
Kenya Power has restored electricity supply to parts of Western, South Nyanza, North Rift, Central Rift and Nairobi after over three hours outage on Thursday, the rest of the country is still in blackout.
According to the power utility company, the cause of the system disturbance has been identified and the technical team is working on restoration to the rest of the country.
For the better part of Thursday afternoon, parts of the country were hit with a blackout attributed to a system disturbance barely three weeks after a similar blackout left businesses counting losses.
“We have lost bulk power supply to various parts of the country due to a system disturbance and we are working to restore normalcy within the shortest time possible,” said Kenya Power in a statement on Thursday.
The firm said it will issue an update on the restoration progress in due course.
The blackout follows the power outage that hit Nairobi, Mount Kenya and coastal regions early this month causing disruption to businesses.
Kenya Power also attributed the blackout to a system disturbance.
In December last year, parts of transmission network connecting Lake Turkana Wind Power (LTWP) to Suswa collapsed affecting evacuation of power from Marsabit.
Source: https://energynewsafrica.com
Russia: Over 3,000 Delegates Attended ATOMEXPO 2022 International Forum
Over 3,000 guests, including business people, government agencies and international organisations from Russia and 65 other countries attended this year’s ATOMPEXO2022 in Sochi, Russia, from November 21-22, 2022.
The forum’s theme was: ‘Nuclear Spring: Creating a Sustainable Future’.
The opening plenary session focused on prospects for the development of global nuclear energy.
The discussion was attended by Rosatom Director General Alexey Likhachev, Hungarian Foreign Minister Peter Szijjarto, Director General of Brazil’s ENBPar Corporation Ney Zanella dos Santos, Belarusian Minister of Energy Viktor Karankevich, Turkish Deputy Minister of Energy and Natural Resources Alparslan Bayraktar, and Bangladesh Minister for Science and Technology Yeafesh Osman.
During the plenary session, the participants discussed opportunities and scenarios for the development of nuclear energy against the backdrop of energy crisis prompted by a sharp increase in hydrocarbon fuel prices, instability of supplies and the breakdown of logistics and technological chains.
The participants agreed that under these conditions, peaceful nuclear development could play a key role in solving the problems that numerous countries face and become a driver for the development of their economies for decades to come.
The plenary session, on the second day, was devoted to the use of small modular nuclear power plants.
The meeting was attended by IAEA Deputy Director General, Mikhail Chudakov, Rosatom First Deputy Director General for International Business Development, Kirill Komarov, Myanmar Minister for Electric Power, Thaung Han, Kyrgyz Minister for Energy, Taalaibek Ibraev, Chukotka Autonomous District Governor Roman Kopin, and others.
They agreed that onshore SMRs would be built in Russia in the foreseeable future.
Speakers noted that Rosatom would replicate low-power NPP projects in Russia and offer them to foreign customers, which could include countries with territories far from centralised energy supplies, island states, countries with low demand for electricity, or large industrial facilities. Rosatom has the potential to launch serial construction of such plants.
Komarov explained that the fuel component in the cost of a kilowatt at small NPPs does not exceed 3–5 percent making prices predictable for decades to come.
The forum’s business programme also provided for a discussion on financing the transition to green energy. Guests spoke about the rapid development of renewable energy sources and their higher share in the energy balance of several countries, taking into account the fight against climate change, the risks of stagnation, and the ability to avoid energy crisis.
Another important discussion topic at the forum was the electrification of transport. In Kaliningrad, Rosatom is building a gigafactory to produce lithium-ion batteries, which will be launched in mid-2025. It should be able to equip 50,000 electric vehicles per year. Three more similar factories with the same capacity are also in the pipeline. The first factory’s future products have already been divided among potential consumers.
Over the two days of the forum, the participants signed roughly 50 agreements concerning various businesses. Multiple agreements were concluded with Russia’s foreign partners. For example, Rosatom and the Republic of Burundi signed a roadmap on cooperation in assessing the prospects for nuclear generation in this country.
A similar document was signed with Nicaragua. A memorandum with Zimbabwe covers education and training of personnel in this country’s nuclear energy sector.
Several agreements were also signed with Belarus, specifically regarding the supply of Russian medical equipment for cancer treatment.
Rosatom will also cooperate with Uzbekistan in the medical industry, for example, by developing technologies to obtain radionuclides for nuclear medicine. An agreement was also signed on the development of technical specifications to substantiate the construction of a low-power NPP in Kyrgyzstan.
Rosatom’s Director General noted that newcomers to the ‘nuclear club’ that want to rely on low-carbon sources would be the main points of growth for the nuclear energy industry over the next 20–30 years.
Source: https://energynewsafrica.com
Ghana: Fuel Allocation To Appointees Of MMDAs, MDAs, State Owned Enterprises To Be Slashed By 50%
The Government of Ghana has directed that fuel allocation to political appointees at the Metropolitan, Municipal and District Assemblies, as well as those in State-owned Enterprises, be reduced by 50 per cent from January 2023.
The move is aimed at reducing government expenditure on fuel consumption as the country faces fiscal challenges.
In March this year, the government announced a 50 per cent cut in fuel allocation for ministers and Chief Executive Officers of state agencies.
The embattled Finance Minister, Ofori-Atta, conveyed the government’s decision to cut fuel allocation while presenting the 2023 Budget and Economic Statement in Parliament on Wednesday, 24th November 2022.
“All MDAs, MMDAs and SOEs are directed to reduce fuel allocations to political appointees and heads of MDAs, MMDAs and SOEs by 50%. This directive applies to all methods of fuel allocation including coupons, electronic cards, chit systems, and fuel depots,” Ofori-Atta said.
“Accordingly, 50% of the previous year’s (2022) budget allocation for fuel shall be earmarked for official business about MDAs, MMDAs and SOEs…a ban on the use of V8s/V6s or its equivalent except for cross-country travel. All government vehicles would be registered with GV green number plates from January 2023.
“Limited budgetary allocation for the purchase of vehicles. For the avoidance of doubt, purchase of new vehicles shall be restricted to locally assembled vehicles,” Ofori-Atta added.
Source: https://energynewsafrica.com
The embattled Finance Minister, Ofori-Atta, conveyed the government’s decision to cut fuel allocation while presenting the 2023 Budget and Economic Statement in Parliament on Wednesday, 24th November 2022.
“All MDAs, MMDAs and SOEs are directed to reduce fuel allocations to political appointees and heads of MDAs, MMDAs and SOEs by 50%. This directive applies to all methods of fuel allocation including coupons, electronic cards, chit systems, and fuel depots,” Ofori-Atta said.
“Accordingly, 50% of the previous year’s (2022) budget allocation for fuel shall be earmarked for official business about MDAs, MMDAs and SOEs…a ban on the use of V8s/V6s or its equivalent except for cross-country travel. All government vehicles would be registered with GV green number plates from January 2023.
“Limited budgetary allocation for the purchase of vehicles. For the avoidance of doubt, purchase of new vehicles shall be restricted to locally assembled vehicles,” Ofori-Atta added.
Source: https://energynewsafrica.com Angola: Oil & Gas 2022 To Unlock Angola’s Renewable Energy Market Potential
Angola’s premier event for the energy sector, AOG 22, which runs from November 29 – December 01 in Luanda – will host a renewable energy-dedicated panel discussion where industry experts will explore ongoing market trends, investment opportunities and industry prospects as the country looks to reawaken new investment in green energy in pursuit of energy security, sustainability and socioeconomic growth.
Currently, Angola is heavily investing in renewable energy with the aim of not only decarbonizing its energy mix and ensuring energy reliability but to shape Africa’s energy transition.
Backed by policy reforms, Angola continues to enhance renewable technical and financial capacity while boosting its market’s attractiveness and readiness for independent power producers and global investors.
Specifically, H.E. President João Lourenço’s target to have renewables account for 70% of the energy mix by 2025 presents an opportunity for Angola to tap into its massive solar and wind resources to diversify the economy, meet the increasing energy demand of a growing population and create new sources of employment, public-private partnerships and progressive industries.
Already, progress is being made to make this objective a reality.
In July 2022, the country saw the completion of its first two solar photovoltaic plants – the Biópio and Baía Farta projects which will supply electricity to up to 1.5 million people – with more expected to come in the following months including the 50 MW Caraculo project in Namibe Province.
As such, the country’s huge potential to stabilize energy supply through renewables has already been highlighted, with AOG 2022 expanding the discussion on the role solar will play in Angola, the best practices to progress renewables penetration and the achievements made thus far.
Meanwhile, renewable opportunities extend the solar and wind landscape with Angola emerging as a regional leader in green hydrogen development with plans underway by national oil company Sonangol to build a green ammonia factory that will position the country as the first supplier of green hydrogen to Germany by 2024.
As the domestic green hydrogen market unfolds in Angola, AOG 2022 is committed to strengthening investment in the burgeoning sector, providing the best platform for insight to be gained and new deals signed that will advance the industry.
As countries globally compete to attract renewable investments, Angola continues to exceed expectations with the country launching a series of mechanisms to encourage foreign investment into the sector, driving new private-public partnerships and maximizing existing collaborations with oil and gas firms.
As Africa’s largest crude oil producer, an upcoming gas market and a globally competitive petroleum exporter, Angola can lead Africa’s decarbonization path by directing its massive hydrocarbon revenues towards renewable infrastructure build up.
In this regard, AOG 2022 will highlight investment opportunities present across Angola’s renewable energy sector while emphasizing how the industry can benefit from an already established and rapidly expanding hydrocarbons sector.
Source: https://energynewsafrica.com
Germany:Fossil Fuel Firms Face 33% Windfall Tax In Germany
The German government is said to be planning to introduce a special levy that will see the country’s oil, gas and coal firms pay 33% of windfall profits, potentially generating a revenue of between one and three billion euros, Reuters reports.
Dubbed the “EU energy crisis contribution”, the tax is likely to affect dozens of energy companies and will target their 2022 and 2023 profits.
The tax would be implemented by the end of 2022, Reuters cited finance ministry sources as saying.
If implemented, the new levy will affect oil, gas and coal companies whose profits for the current year and the coming one exceed by 20% or more than their 2018-2021 average.
However, the tax has a major drawback: according to Katharina Beck, spokeswoman on financial matters for the Greens, the planned levy can be circumvented on a large scale by companies moving profits abroad.
“The draft of the finance ministry for windfall profit levy for oil and gas companies falls well short of what is necessary,” Beck said in a statement carried by Reuters.
The fat profits being earned by energy companies in many oil-producing countries courtesy of high commodity prices has attracted the attention, and sometimes ire, of governments with some imposing windfall taxes.
Back in May, UK Finance Minister Rishi Sunak imposed a windfall tax on oil and gas majors as the government tries to alleviate the country’s worsening cost-of-living crisis.
Chancellor Sunak said that the levy would be taxed on energy companies that were making “extraordinary profits” due to the spike in commodity prices.
The British government imposed what it calls a “temporary targeted energy profits levy” with a so-called “investment allowance” levied at 25% to incentivize oil and gas firms to reinvest their profits.
Meanwhile, in August, Argentina introduced a one-time windfall tax on companies whose income tax determined for tax year 2021 or tax year 2022 is at least AR$100m (approx. US$752,000).
The measure is seen as an attempt by Argentina’s center-left government to reduce the fiscal deficit and contain runaway inflation, which is now approaching 70%.
Last month, U.S. President Joe Biden said he would impose higher taxes on oil companies that record “windfall” profits without reinvesting in production, “The oil industry has not met its commitment to invest in America and support the American people,” Biden said Monday, calling the industry’s profits “a windfall of war”.
Source: Oilprice.com
Strike At BP’s Largest European Refinery Could Deepen Diesel Crisis
Refinery workers at BP’s biggest refinery in Europe are on a partial strike over demands for higher wages and will not cooperate in efforts to restart the Rotterdam refinery, which is currently offline.
Employees at the 400,000-bpd refinery, a major supplier of diesel to northern Europe, threatened earlier this month to go on a strike if their pay rise demands are not met.
The Rotterdam refinery accounts for almost 3% of northern Europe’s refining capacity, and delays to its restart could exacerbate the diesel crunch in Europe.
In early November, members of the FNV trade union voted down an early offer from BP about a pay rise, a union representative told Argus.
The refinery was halted last week after a fault was found. The fault has been fixed, but workers will not cooperate in the restart of production, a representative of the CNV Vakmensen union told Bloomberg on Tuesday.
BP has indicated that it plans to restart the refinery early this week.
“We will help resolve the problems until the facilities are ready to be restarted, and then we’ll stop, that’s our intention,” Jaap Bosma of the CNV union told Reuters on Monday.
The strike at one of Europe’s biggest refineries comes weeks after strikes at refineries in France left more than 60% of the country’s refining capacity offline while gas stations in and around Paris and in the northern part of the country began to run out of fuel.
A delay in the BP Rotterdam refinery restart also comes as Europe is scrambling for diesel supply and stocking up on Russian diesel while it still can.
Europe has hiked its diesel imports from Russia this month as the EU embargo on imports of Russian oil products starting on February 5 draws closer, oil flow analytics showed.
As the EU embargo on imports of Russian diesel enters into force, “The competition for non-Russian diesel barrels will be fierce, with EU countries having to bid cargoes from the US, Middle East and India away from their traditional buyers,” the International Energy Agency (IEA) said in its Oil Market Report for November.
Source: Oilprice.com
Nigeria: TCN To Deploy Software To Check Frequent Grid Collapse
Nigeria’s power transmission company, TCN, has hinted at plans to acquire a Supervisory Control and Data Acquisition (SCADA) to check the frequent collapse of its grid and energy rejection by power distribution companies.
The West African nation has been experiencing blackouts for some time now as a result of the constant collapse of the country’s grid.
The Chairman of the Governing Board of TCN, Ekere Nsima gave the hint during a visit by the board to the TCN warehouse and some substations in Lagos.
SCADA system is software used to monitor and control an electrical grid system based on information collected from substations within the system.
Mr. Nsima said when grid collapse became rampant, the board set up an Ad-hoc Committee to look into the matter.
“I am the Co-chair of the committee, and we went round. We understood that the issue of grid collapse and liability is complex.
“I can tell you the fault is not from TCN. We have seen what the issues are; a lot from Generation Companies (GENCOs) and DISCOs,” he said.
According to him, most times, when energy is transmitted to them, much of the power will not be used and this affects the frequency which ultimately impacts negatively the grid.
“When the DISCOs were given to the private sector if you recollect, there were some investments they were supposed to make within a certain period to enhance their operation, unfortunately, they didn’t.
“Also, right now, because they didn’t make the investments, they are not able to distribute the power they get today from generation and transmission.
“The SCADA will help to ascertain how much is being generated and transmitted. They will stop blaming us and Nigerians will see it themselves.
“So, TCN is in the process of installing a SCADA system and we know that once this is in place and deployed, it will help to get substance with grid collapse and liability,” he said.
During the visit, the chairman expressed happiness with the condition of equipment at the Ojo warehouse and its Lagos-West substations in Ayobo and Alagbon.
“With what we have seen here and what TCN is doing, our wheeling capacity is gradually improving.
“But we have to make sure that the generating companies are generating enough, and we also have to make sure that the DISCOs can distribute.
“So, even if TCN carries enough power and wheels enough power if the distribution companies are not in a position to receive this power and distribute it to consumers, we still have problems.
“We are appealing to DISCOs and GENCOs to step up their game, work on their infrastructure and improve on their capacities to take power so that they can distribute and let Nigerians enjoy some level of stability,” he said.
At the Ojo warehouse, Mr Chris Okonkwo, the General Manager, Equipment Maintenance, took the Board of Trustees of the company to inspect newly purchased equipment that had not been distributed to substations.
Okonkwo said after auditing, the TCN had about N89 billion worth of equipment in the warehouse in 2021.
He said with the procurement of more equipment in 2022, the value of the equipment would be more than that.
At the Lagos-West substation in Ayobo, Mojeed Akintola, the General Manager, of Transmission, TCN, said the substation could wheel out 1,050 megawatts.
Mr Akintola said the substation was supplying three distribution companies which included Eko Distribution Company, Ikeja Electric and some parts of Ibadan Electricity Distribution Company.
Source: https://energynewsafrica.com
Kenya Leading In Use Of Renewable And Clean Energy In Horn Of Africa
Kenya has been ranked top in the use of renewable and clean energy in the Horn of Africa, helping mitigate the effects of climate change.
A report by the International Energy Agency (IEA) dubbed ‘Clean Energy Transitions in the Greater Horn of Africa,’ says Kenya has made massive investments in renewable and clean energy among the eight countries surveyed.
In the process, it has helped to reduce the emission of carbon and other harmful gasses.
“The main goal has been to ensure it produces clean energy that is affordable to all,” says the report released last month.
Renewable energy means energy from sources that are not depleted when used, such as wind or solar power. Clean energy refers to energy generated from recyclable sources without emitting greenhouse gases.
Greenhouse gases are those in earth’s atmosphere and are known for trapping heat. They let sunlight pass through the atmosphere, but they prevent the heat that the sunlight brings from leaving the atmosphere.
The IEA is supporting evidence-based energy policy-making in Africa with the aim of achieving affordable and clean energy, in line with United Nations Sustainable Development Goal (SDG) 7.
IEA is a Paris-based autonomous intergovernmental organisation established in 1974 that provides policy recommendations, analysis, and data on the global energy sector.
Its recent focus has been on curbing carbon emissions and reaching global climate targets, including the Paris Agreement. The 31 member countries and 11 association countries of the IEA represent 75 per cent of global energy demand.
These include ensuring universal access for all, promoting increased energy security and affordability, and accelerating the development of clean energy systems across Africa, through a sustainable and accelerated regional energy system transformation.
The report says energy consumption in the region has grown at the rate of three per cent annually over the last decade. Even then, the report says, the region has continued to remain energy-deprived.
“Half the region’s population lacks access to electricity and only one in six people have access to modern cooking fuels,” says the report.
Syrine El Abed, the IEA Africa programme officer, said: “Kenya has one of the highest access rates in sub-Saharan Africa, while other countries lack centralised grid infrastructure altogether.”
Energy consumption
“Total energy demand in the region was 120 Mtoe (million or mega tonnes of oil equivalent) in 2020, less than the combined energy consumption of Belgium and the Netherlands but with 10 times the number of people,” Abed said.
The study was carried out in eight countries of the greater Horn of Africa region – Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda.
The report said most of Kenya’s electricity (more than 80 per cent) is generated from renewable energy sources.
Kenya has increased access to power from 32 per cent of households in 2013 to 75 per cent in 2022. The access rate in urban areas is 100 per cent and 65 per cent in rural areas under the project that was started by former President Uhuru Kenyatta in 2013.
Kenya is ranked the eighth largest geothermal power producer in the world and is home to the single largest geothermal power plant, the 280MW Olkaria (IV) plant.
The country also has a wind power potential of about 3,000MW with Lake Turkana wind power being the largest wind power generating plant in the continent, producing over 310MW to the grid. Another 172MW of solar energy has been added to the grid.
Most modern energy demand is met through oil products, largely for transport, and electricity, largely in households and industry.
The region’s power sector has doubled its output over the past decade, and is one of the world’s most renewable systems today, with over 85 per cent of the generation coming from renewables.
“Large hydropower projects in Ethiopia, Sudan, and Kenya dominate the power mix in the region today. The region has massive, under-utilised potential for solar, wind, and geothermal as well,” states the report.
Source: standardmedia.co.ke
UK Unveils Europe’s Largest Energy Storage System
Europe’s largest battery energy storage system by megawatts per hour was on Monday officially brought online on, marking a new era in power diversification in the UK.
Harmony Energy Income Trust, which invests in battery energy storage assets in Britain, unveiled its first portfolio project of 196 MWh in Pillswood, East Yorkshire – which uses Tesla technology to store energy.
The Pillswood project employs Tesla 2-hour Megapack technology systems and has the capacity to store up to 196 MWh of electricity in a single cycle – the equivalent capacity to power around 300,000 UK homes for two hours.
The project developed by Harmony Energy Limited and managed by Tesla, is set to boost the UK in replacing coal and gas power stations with renewable power sources.
The facility, which has been delivered ahead of schedule, was initially intended to become fully operational by March 2023.
London-listed Harmony, based in Yorkshire, has also been given the green light to build New Zealand’s largest solar farm in Waikato on the upper North island, which will generate enough energy to power 30,000 homes.
“Battery energy storage systems are essential to unlocking the full potential of renewable energy in the UK,” director of Harmony Energy Advisors, Peter Kavanagh, said in a statement.
“These projects are not supported by taxpayer subsidy yet can offer shareholders attractive returns in a variety of market conditions.”
Harmony Energy Income Trust has five battery energy storage systems currently under construction, which are all expected to be up and running by October next year.
By: CityAM
Qatar And China Make History With 27-Year LNG Supply Deal
Qatar’s state firm QatarEnergy signed on Monday the longest-term contract in the history of the LNG industry in a deal to supply LNG to Chinese state energy giant Sinopec for 27 years.
QatarEnergy will supply China Petroleum & Chemical Corporation (Sinopec) with 4 million tons per annum (MTPA) of LNG to China from the North Filed East (NFE) expansion project, just as global competition for LNG intensifies amid a European rush to secure non-Russian gas supply.
“This is the first long-term SPA from the NFE project to be announced, and marks the longest gas supply agreement in the history of the LNG industry,” said Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President and CEO of QatarEnergy.
Qatar has traditionally preferred long-term supply deals with customers, at which Europe balked earlier this year. But more recently, even European companies have started negotiations for longer-term supply with LNG providers.
China, for its part, is looking to secure LNG to avoid more spot buying amid uncertainties over the Asian spot prices in the coming years.
The sale and purchase agreement (SPA) also represents the first long-term LNG offtake agreement from the NFE Expansion project. Qatar’s North Field East and North Field South (NFS) projects are expected to come online in 2026 and 2027, respectively.
Qatar announced last year the world’s largest LNG project, which is set to raise its LNG production capacity from 77 million tons per annum (mmtpa) to 110 mmtpa.
The Gulf gas and oil producer also plans another expansion phase at the North Field, the world’s largest natural gas field, which it shares with Iran. The second expansion phase will be the North Field South Project (NFS), set to further increase Qatar’s LNG production capacity from 110 mmtpa to 126 mmtpa, with an expected production start date in 2027.
Source: Oilprice.com
Russia: ATOMEXPO2022…Experts Discuss Green Energy Transition
Rusatom Service and NovaWind have held a roundtable discussion on ‘Diversification of Solutions for the ‘Green’ Energy Transition’ as part of the ATOMEXPO 2022 International Forum in Sochi, Russia.
The speakers included E. Salkov, General Director, Rusatom Service; G. Nazarov, General Director, NovaWind; as well as D. Klyapovsky, Acting Director, Department of Machine Building and Investment Engineering, Russian Ministry of Industry and Trade; D. Klyapovsky, Acting Director of the Fuel and Energy Machinery Department, Ministry of Industry and Trade of the Russian Federation; M. Gubanov, Head of the Energy, Housing and Public Utilities Sector, Department of Industry Evaluation, Corporation for the Development of the Far East and the Arctic; A. Zhikharev, Director of the Association for the Development of Renewable Energy; A. Konyukhov, General Director, Power Machines; J. Nutt, Managing Director, Delph Engineering Consulting (South Africa); Hoang Nguyen, Energy Investment Director, Saigon Asset Management (Vietnam) and others.
Irina Gaida, an expert at the Center for Energy Transition and ESG, Skolkovo Institute of Science and Technology, was the moderator of the roundtable discussion.
The participants discussed prominent issues of the green energy transition such as the rapid development of renewable energy and the growth of its proportion in the energy mix of countries in the light of combating climate change; the future of renewable energy against a backdrop of a shortage of generation capacities; transition risks in a time of green energy stagnation; and opportunities for evading the energy crisis altogether.
“We are viewing manufacturers of hydropower generators for small hydropower plants, power electronics, and software as a window of opportunity: for instance, we have our competencies in small HPP equipment, which opens horizons for filling a new niche,” said Evgeny Salkov, General Director of Rusatom Service, in his address.
“Redistribution of export-import traffic unlocks major opportunities for the export of Russian technology. Markets, where RES potential is not yet utilized to the fullest, can view NovaWind as a reliable partner with strong competencies in project development, which has in-house manufacturing and operation capacities,” said Grigory Nazarov, General Director of NovaWind.
“We are making progress in reducing greenhouse gas emissions and achieving a reasonably balanced power mix.
“However, work in this area must be adjusted to achieve greater import substitution of equipment and look for new partners in markets outside Europe,” noted Alexey Zhikharev, Director of the Association for the Development of Renewable Energy.
“Development of RES-based distributed generation in remote and isolated regions in the Far East and the Arctic can become a key area of diversification for green energy transition solutions in our country.
“This vector is laid down in all industry and macro-regional documents on strategic planning, and it sparked vivid interest in the business community.
“FEDC aids in implementing investment projects in the local energy sector and is actively involved in developing additional government incentives for this industry,” commented Maksim Gubanov, Head of the Energy, Housing and Public Utilities Sector, Department of Industry Evaluation, Corporation for the Development of the Far East and the Arctic.
John Nutt, Managing Director of Delph Engineering Consulting, noted: “Many African countries, including South Africa, face power shortages, and power supply is often unstable due to system faults (power failures) and scheduled rolling blackouts.
“A transition to RES may become a vector of power system development.”
Aleksandr Konyukhov, General Director of Power Machines, said: “Power Machines are ready to fill the niche of a technologically independent manufacturer of wind turbines with up to 5 MW capacity, which was left empty after pseudo-localised European manufacturers left the market.
“This is a complementary product for Power Machines, a power machinery company, and we can rapidly launch its production. We are currently evaluating demand and considering possible partners for implementing this project.”
Roundtable participants evaluated the proportion of low-carbon power by 2030-2035 and discussed current barriers to the development of green power.
Based on this discussion, key factors limiting the development of green power include long payback periods, fierce competition and “expensive” money for investors.
An online survey showed that in the audience’s opinion, the share of RES in the global energy mix will experience substantial growth in the next 10-15 years.
Source: https://energynewsafrica.com
Russia And Burundi Look Forward To developing Nuclear Energy Projects
Russia and Burundi have signed a roadmap for establishing a dialogue in the sphere of peaceful uses of nuclear energy.
The document was signed on the sidelines of the XII ATOMEXPO-2022 International Forum by Alexey Likhachev, Director General of ROSATOM, and Ibrahim Uwizeye, Minister for Water Resources, Energy and Mines of the Republic of Burundi.
The roadmap defines concrete steps by the sides in 2022-2024 for the assessments of the prospects for nuclear generation in Burundi and the implementation of projects in the field of non-energy applications of nuclear energy in the country.
The parties plan to organise technical tours and seminars, develop plans for education and personnel training, as well as joint activities for shaping public opinion in the field of nuclear energy.
Source: https://energynewsafrica.com
Rosatom, Zimbabwe Sign Agreement To Develop Human Resources For Peaceful Uses Of Nuclear Energy
Russia and Zimbabwe, on Monday, signed a Memorandum of Understanding (MoU) on cooperation in training and skills development in the field of nuclear energy in the Republic of Zimbabwe.
The MoU was signed on the sidelines of the XII ATOMEXPO-2022 International Forum currently ongoing in Sochi, Russia.
Mr. Alexey Likhachev, Director General of the State Atomic Energy Corporation ROSATOM, initialed on behalf of Russia while Honourable Amon Murwira, Minister for Higher and Tertiary Education, Science and Technology Development of the Republic of Zimbabwe, signed on behalf of his country.
The documents are creating solid framework conditions for cooperation in this key area for the development of the Zimbabwean programme of peaceful uses of nuclear energy.
In particular, specific steps are envisaged to train human resources for the Zimbabwean nuclear industry.
Efforts would be made to develop interaction between specialised educational institutions, including the organisation of joint short-term programmes, teacher training, the development of educational and scientific literature and student exchange
Source: https://energynewsafrica.com
ROSATOM Director General Opens ATOMEXPO2022 In Sochi (Photos)
The Director General of Rosatom, Russian state atomic energy corporation Mr. Alexey Likhachev on Monday opened the twelve edition of the ATOMEXPO 2022 in Sochi.
The two days event which started on Monday is expected to end on Tuesday, 21st November 2022.
The opening ceremony was also attended by the Deputy Director and Head of the Department of Nuclear Energy at the International Atomic Energy Agency Mikhail Chudakov.
The ATOMEXPO 2022 International Forum is a major event in the international nuclear industry.
It is the largest exhibition and business platform for discussing the current state of the nuclear industry and setting future trends. The event has brought together executives from the key companies working in the global nuclear industry, government agencies, international and non-commercial organizations, and leading experts.
Source: https://energynewsafrica.com
Source: https://energynewsafrica.com