{"id":76548,"date":"2022-10-26T15:40:47","date_gmt":"2022-10-26T19:40:47","guid":{"rendered":"https:\/\/www.carilec.org\/?p=76548"},"modified":"2022-10-26T15:40:47","modified_gmt":"2022-10-26T19:40:47","slug":"cop27-provides-a-once-in-a-generation-opportunity-to-lay-foundations-for-africas-clean-energy-future-finds-wartsila-report","status":"publish","type":"post","link":"https:\/\/carilec.org\/cop27-provides-a-once-in-a-generation-opportunity-to-lay-foundations-for-africas-clean-energy-future-finds-wartsila-report\/","title":{"rendered":"COP27 provides a once-in-a-generation opportunity to lay foundations for Africa\u2019s clean energy future \u2013 finds W\u00e4rtsil\u00e4 report"},"content":{"rendered":"

W\u00e4rtsil\u00e4 Corporation,\u00a0<\/span>Press release,\u00a0<\/span>26 October 2022 at 08:00 UTC+2<\/p>\n

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The climate change conference COP271<\/sup><\/a>\u00a0offers a unique opportunity to increase energy access and lay the foundations for decarbonisation across Africa, but wealthy nations must deliver on their climate finance pledges to unlock the continent\u2019s potential, according to a new report.<\/p>\n

\u2018Pathways for Africa\u2019s Energy Future<\/a>,\u2019 a report from the technology group W\u00e4rtsil\u00e4, provides power system modelling of three African countries, Nigeria, South Africa and Mozambique. It finds that they can leapfrog some developed nations by not embedding inflexible fossil fuel-based systems.\u00a0To enable such a massive transformation a combination of climate finance, effective planning and system reforms will be essential.<\/p>\n

The report demonstrates that replacing coal with renewable energy combined with flexibility from engines and energy storage is the most effective way to\u00a0reduce energy costs, increase energy access and improve reliability. The modelling found that renewable energy and flexibility can generate enough energy to provide power for close to 100 million people in South Africa, Mozambique and Nigeria who currently do not have energy access, if it were matched with the required grid infrastructure. These systems will require a total investment of around USD 119 billion over the next decade, which will not be possible unless wealthy nations deliver on the promise made in 2009 to deliver USD 100 billion annually in climate finance from 2020.2<\/sup><\/a><\/p>\n

H\u00e5kan\u00a0Agnevall, President and CEO, W\u00e4rtsil\u00e4 Corporation said: \u201cDespite contributing less than 3% of the world\u2019s energy\u2010related carbon emissions, African countries are among the hardest hit by climate change. COP27, hosted in Egypt, is the perfect opportunity to deliver on global climate finance pledges so that, as a global community, we can seize this moment to act and unlock Africa\u2019s renewable potential. That investment must be combined with effective planning and system reforms\u00a0to increase energy access and create the renewable energy systems of the future.\u201d<\/p>\n

W\u00e4rtsil\u00e4 modelled power system decarbonisation pathways for three countries in Africa, each with different starting points and facing differing challenges. Key findings:<\/p>\n