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Author: Michael Imran Kanu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The global energy transition and geopolitics scene paints a picture of uncertainty and anxiety. This is propelled by the increasing need for renewable energy, the disruptive Middle Eastern conflicts and the resurgence of the global political and ideological divide, thereby threatening the predominately conventional hydrocarbon energy sources. Climate change parameters add further complexity, and perhaps an additional burden for sub-Saharan Africa struggling to develop energy infrastructure to meet its increasing demands. Looming energy transition and the abundance of natural resources poses both threats and opportunities for sub-Saharan Africa. The challenges include the lack of significant investment in energy infrastructure, human resources, and technology. The natural resource of sub-Sahara Africa places it in a prime position to effectively exploit and possibly lead in renewable energy transition. At present sub-Saharan Africa's reliance on biomass is still high and the need to transition from heavy reliance on unsustainable biomass to renewable energy is stark. Equally stark is the optimism to leapfrog the conventional path to energy development and shift directly to renewables, in view of the advances in technology and climate change concerns. Recent trends show a shift in policy by African States towards abolishing energy production state monopolies and creating the platform to successfully overcome the energy trilemma, especially by financing sustainable energy projects. This paper, approached from a legal perspective, examines the recent optimism in Sub- Saharan Africa's energy transition policies, evaluating the financing patterns, with the aim of assessing how the financing methods have promoted or limited energy projects. This article claims that the adoption of a legal framework that is receptive to innovative financing schemes will reduce the heavy reliance on donor support, worryingly influenced by global geopolitics. It further asserts that sub-Saharan Africa's energy transition depends greatly on the supplementation of the traditional donor driven, highly politicized funding patterns, to developing specific themed equity and debt financing, including private-public partnerships, securitisation, targeting investors (even within Africa), with political commitments to open market access, thereby democratizing energy access and production.
Author: Michael Imran Kanu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The global energy transition and geopolitics scene paints a picture of uncertainty and anxiety. This is propelled by the increasing need for renewable energy, the disruptive Middle Eastern conflicts and the resurgence of the global political and ideological divide, thereby threatening the predominately conventional hydrocarbon energy sources. Climate change parameters add further complexity, and perhaps an additional burden for sub-Saharan Africa struggling to develop energy infrastructure to meet its increasing demands. Looming energy transition and the abundance of natural resources poses both threats and opportunities for sub-Saharan Africa. The challenges include the lack of significant investment in energy infrastructure, human resources, and technology. The natural resource of sub-Sahara Africa places it in a prime position to effectively exploit and possibly lead in renewable energy transition. At present sub-Saharan Africa's reliance on biomass is still high and the need to transition from heavy reliance on unsustainable biomass to renewable energy is stark. Equally stark is the optimism to leapfrog the conventional path to energy development and shift directly to renewables, in view of the advances in technology and climate change concerns. Recent trends show a shift in policy by African States towards abolishing energy production state monopolies and creating the platform to successfully overcome the energy trilemma, especially by financing sustainable energy projects. This paper, approached from a legal perspective, examines the recent optimism in Sub- Saharan Africa's energy transition policies, evaluating the financing patterns, with the aim of assessing how the financing methods have promoted or limited energy projects. This article claims that the adoption of a legal framework that is receptive to innovative financing schemes will reduce the heavy reliance on donor support, worryingly influenced by global geopolitics. It further asserts that sub-Saharan Africa's energy transition depends greatly on the supplementation of the traditional donor driven, highly politicized funding patterns, to developing specific themed equity and debt financing, including private-public partnerships, securitisation, targeting investors (even within Africa), with political commitments to open market access, thereby democratizing energy access and production.
Author: Sören Scholvin
Publisher: Routledge
ISBN: 1317187245
Category : Business & Economics
Languages : en
Pages : 178
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Book Description
Global energy consumption will increase rapidly in the next decades. The discrepancy between demand and supply is worrisome within the old and new cores of the world-economy. Sub-Saharan Africa meanwhile possesses vast potential for energy resources to be further exploited. Whilst the Global North is a traditional player in the sub-Saharan energy sector, new actors from emerging economies - especially China’s state-owned enterprises but also Brazilian, Indian and South African giants - have entered what appears to be a scramble for the largely untapped energy resources of the region. This book is the first to bring together comparative perspectives on: · The strategies of state and non-state actors involved in the exploitation of sub-Saharan energy resources. · The potential and pitfalls of new forms of cooperation on energy southwards of the Sahara. · The domestic opportunities and challenges of the present energy resource boom. Dynamics on the international level are brought together with local developments to provide up-to-date insights on the scramble for energy resources in sub-Saharan Africa. This book also advances a materialist approach applicable in geographical and political-scientific research, showing that much insight can be gained by concentrating on the material environment that shapes economic and political phenomena.
Author: Manfred Hafner
Publisher: Springer Nature
ISBN: 3030390667
Category : Political Science
Languages : en
Pages : 398
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Book Description
The world is currently undergoing an historic energy transition, driven by increasingly stringent decarbonisation policies and rapid advances in low-carbon technologies. The large-scale shift to low-carbon energy is disrupting the global energy system, impacting whole economies, and changing the political dynamics within and between countries. This open access book, written by leading energy scholars, examines the economic and geopolitical implications of the global energy transition, from both regional and thematic perspectives. The first part of the book addresses the geopolitical implications in the world’s main energy-producing and energy-consuming regions, while the second presents in-depth case studies on selected issues, ranging from the geopolitics of renewable energy, to the mineral foundations of the global energy transformation, to governance issues in connection with the changing global energy order. Given its scope, the book will appeal to researchers in energy, climate change and international relations, as well as to professionals working in the energy industry.
Author: Manfred Hafner
Publisher: Springer
ISBN: 331992219X
Category : Business & Economics
Languages : en
Pages : 125
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Book Description
This open access book presents a picture of the current energy challenges on the African continent (and the Sub-Saharan region in particular) and proposes pathways to an accelerated energy transition. Starting with an analysis of the status quo and the outlook for Africa’s energy demand and energy access, it provides an account of the available resources, including hydrocarbons and renewable energy resources, which are playing an increasingly crucial role. It then moves on to analyze the level of investment required to scale-up Africa’s energy systems, shedding light on the key barriers and elaborating on potential solutions. It also provides a suggestion for improving the effectiveness of EU–Africa cooperation. While mainly intended for policymakers and academics, this book also speaks to a broader audience interested in gaining an overview of the challenges and opportunities of the African energy sector today and in the future.
Author: Rasmus Hundsbæk Pedersen
Publisher:
ISBN: 9788772360683
Category :
Languages : en
Pages :
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Book Description
Many countries in sub-Saharan Africa have set targets for non-hydro renewable energy but lag in implementation. The dominant approaches to analysing energy transitions have largely been developed based on European experience and provide a limited understanding of such developments in African countries. This paper combines a review of recent energy transition literature with a broader range of relevant energy-related literatures, each of which can contribute to a better understanding of the role of coalitions, politics and power in energy transitions in lower-income countries. The paper points to the decisive influence of a country's resource endowments on the potential for an energy transition. It further argues that resource endowments affect the type of finance that can be mobilised for energy sector development with implications for potential coalitions between international and domestic actors. Finally, the access agenda provides a window of opportunity for promoting non-hydro renewable energy, but there is no unambiguous relation between the two agendas. More empirical research is needed to further analyse these dynamics.
Author: Bruno Michoud
Publisher: Springer Nature
ISBN: 303075829X
Category : Business & Economics
Languages : en
Pages : 197
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Book Description
This open access book analyses barriers and challenges associated with the financing of clean energy access in sub-Saharan Africa. By considering various economic, financial, political, environmental and social factors, it explores the consequences of energy poverty across the region and maps the real and perceived investment risks for potential capital providers, both domestic and international. Furthermore, it analyses risk mitigation strategies and innovative financing structures available to the public and private sectors, which are aimed at leveraging capital in the clean energy sector at scale and fostering the creation of an enabling business and investment environment. More specifically, the present book analyses how to (i) enhance capital allocation in projects and organisations that foster clean energy access in the region, (ii) mobilize private capital at scale and (iii) decrease the cost of financing through risk mitigation strategies. Going beyond traditional approaches, the book also considers socioeconomic and cultural aspects associated with investment barriers across the subcontinent. Moreover, it urges the public and private spheres to become more actively involved in tackling this pressing development issue, and provides policy recommendations for the public sector, including proposals for business model evolution at multilateral agencies and development institutions. It will appeal to a wide readership of both academics and professionals working in the energy industry, the financial sector and the political sphere, as well as to general readers interested in the ongoing debate about energy, sustainable development and finance.
Author: Ohunakin, Olayinka
Publisher: IGI Global
ISBN: 1799886395
Category : Business & Economics
Languages : en
Pages : 304
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Book Description
In today’s modern world, it is critical for countries and businesses to implement sustainable practices in order to evolve and grow. The African economy is one such area that requires further study and consideration to ensure it can thrive in the coming years. Energy Transition in the African Economy Post 2050 emphasizes the need for Sub-Saharan African countries to lay an enduring foundation for sustainable development and considers different ways this can be done as well as the associated challenges. Covering topics such as policy, public financing, climate finance, and clean energy, this reference source is ideal for government officials, policymakers, business owners, managers, industry professionals, researchers, scholars, practitioners, academicians, instructors, and students.
Author: Sijbren de Jong
Publisher: The Hague Centre for Strategic Studies
ISBN: 9492102552
Category :
Languages : en
Pages : 98
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Book Description
At the Paris Climate Conference held in December 2015, 195 countries adopted the Paris Agreement – the first universal, legally binding global climate deal. The signatory parties committed themselves to a global action plan that aims to keep global warming to well below 2°C and to limit the global temperature increase to 1.5°C. As part of our Geo-Economics research initiative, The Hague Centre for Strategic Studies has investigated the geopolitical consequences of climate mitigation and energy transition among a number of countries richly endowed in hydrocarbons who potentially stand to lose a significant part of their revenue stream as a result of demand changes for fossil fuels. If demand for oil and gas demand were to decrease as a result of successful climate mitigation policies, the financial and social stability of these countries will – ceteris paribus – be negatively affected, especially if they fail to reform their domestic economies. The presented study, entitled The Geopolitical Impact of Climate Mitigation Policies, employs a number of innovative investigative methods and analytical approaches to generate insights regarding sociopolitical stability in the wake of the world’s transition to renewable energy systems in a number of major oil- and gas-exporting nations near Europe. On top of this, the report looks closely at the energy situation in Sub-Saharan Africa and analyzes in detail which choices developing nations face with respect to their future energy mix. Given the deep, and complex relationship between the global energy sector and international politics, these findings have numerous implications – both short and long term – for our future efforts to combat climate change while simultaneously fending off any consequential drivers of sociopolitical instability.
Author: Karim Mezran
Publisher: Ledizioni
ISBN: 8855265814
Category : Political Science
Languages : en
Pages : 112
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Book Description
Over ten years after the “Arab Spring”, the turmoil that swept across North Africa has taken many forms, bringing about change, although not always in a desirable direction. But the Arab uprisings have also brought about a surprising amount of “more of the same”: a decade on, the problems that plagued the region in 2010 have not gone away.This report looks at the future of the region, asking: what will North Africa be in 2030? Which direction could the region as a whole, and specific countries, take, and which challenges will they have to face? And what are the implications for Europe and the US?
Author: Sebastian Groh
Publisher: Springer Nature
ISBN: 3658382155
Category : Political Science
Languages : en
Pages : 290
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Book Description
This Open-Access-Book covers different aspects of the low-carbon energy transformation in a unique manner, with a particular focus on two regions, South Asia and Sub-Saharan Africa. The first part of the book provides useful insights on changes and reforms in the energy sector of Bangladesh, while the second part illustrates the low-carbon energy transformation in South Asia and the third part covers lessons from Sub-Saharan Africa. In all of these regions, the energy sector is undergoing major changes, driven by the four D’s: Decarbonization, decentralization, digitization, and democratization. Major overhauls are taking place at all levels: The country level, where energy mixes are rapidly changing, the corporate level, where large state-owned and private companies are challenged and new actors are emerging, and the local level, where technical and regulatory change has made citizen engagement and community power an option to replace or at least complement centralized supply structures.
