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Clean Energy Transitions in the Sahel
…regional and other international entities. The aim is to support a sustainable and an accelerated regional energy system transformation using a varied mix of technologies, in order to help achieve the UN’s Sustainable Development Goal 7 (SDG 7), promote increased energy security and affordability, and accelerate the development of clean energy systems across Africa. As the Covid-19 crisis continues to affect economies and energy systems across the world, the IEA aims to support African countries in their efforts to stimulate economic recovery from the crisis in which the energy sector transformation plays a catalytic role.
Building on this…
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The Covid-19 crisis is reversing progress on energy access in Africa
…individual households. The health crisis has forced governments to shift their immediate priorities to purely emergency measures, resulting in a lack of financing available for expanding and improving electricity infrastructure. In Uganda, for instance, public subsidies for the electricity access programme have been put on hold, while in South Africa, authorities had to redirect funds to health and welfare programmes and facilities at the expense of expanding rural electrification.Furthermore, private companies deploying decentralised energy solutions like solar home systems and mini-grids have faced operational and financial challenges because of the pandemic. In large countries like Ethiopia, lockdown measures…
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Senegal Energy Outlook
…population currently still lacking access. Senegal fossil fuel demand and production by scenario to 2040 Senegal is not a fossil fuel producer today, but major gas discoveries are expected to change the picture and to lead to gas production of 9.5 bcm in 2040 in the STEPS.The greater availability of gas helps displace oil use in power generation in domestic markets while also bringing considerable export revenues. Energy investment needs amount to $33 billion through to 2040 in the STEPS, mainly to unlock the potential for gas, expand power networks and increase electricity access.The AC sees this…
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Cost of Capital Observatory
Tracking the cost of capital for clean energy projects in emerging and developing economies The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.The Observatory is divided into three sections:A Dashboard that provides free data on the cost of capital for energy projects in emerging and developing economies, updated with 2023 and 2024 data in July and…
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Senegal Case Study
Cost of Capital Observatory Case Study The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.Case Studies include lessons learnt of how policymakers, together with the private sector, development finance institutions and other entities managed to mitigate risks and mobilise capital for clean energy sectors across the emerging and developing world.
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Senegal 2023
…joined the IEA family as an Association country. It draws on the IEA’s extensive knowledge and the inputs of expert peers from IEA member countries and partners to assess Senegal’s most pressing energy sector challenges and provide recommendations on how to address them, backed by international best practices. The report also highlights areas where Senegal’s leadership can serve as an example, such as in promoting universal access to modern energy. It also encourages the exchange of best practices among countries to foster learning, build consensus and strengthen political will for a sustainable and affordable clean energy future.
