CDM Enhancing Africa’s Profile Among Investors

The Clean Development Mechanism (CDM) is an extremely simple concept. Companies in developed economies can continue with their polluting ways so long as they pay for reductions in greenhouse gas emissions elsewhere in the world. Substitute Egypt, Libya, Sudan, Zimbabwe and a string of other African countries for ‘elsewhere’. CDM may not figure highly on the financial radar screens of many entrepreneurs and business people across the globe. They’re probably much more exercised over the merits or otherwise of business banking services, But maybe they should be looking at CDM, not least because entrepreneurial activity and green make interesting bedfellows these days. … Continue reading

Role of Agricultural Sector in Harnessing Renewable Energy

The continuous rise in fossil energy prices, combined with climate change concerns and progress in renewable energy sector, has catalyzed interest in clean energy systems across the MENA region, especially in the Mediterranean. The Mediterranean region has abundant renewable resources, such as wind, solar, and biomass, which makes it a fertile zone for renewable energy developments. The agricultural sector has played a key role in the progress of renewable energy sector around the world as it provides large areas where renewable energy projects are built and is also the predominant feedstock source for biomass energy projects. For example, agricultural sector … Continue reading

Morocco-Nigeria Gas Pipeline: Smart Move for Economy or an Environmental Disaster

An ambitious project concerning energy industry in Africa between Morocco and Nigeria was set to be constructed to enhance the acceleration of electrification projects across the West African region. The objective of Morocco-Nigeria pipeline project is aimed at creation of a competitive regional market of electricity, and to connect gas resources from Nigeria to West African countries including Morocco. The pipeline project will be approximately 5,660-km long and its construction works will be in phases covering 25 years. After feasibility studies in 2017, the two countries opted for a combined onshore-offshore route to build the pipeline. The two countries are … Continue reading

Hydrogen Economy for Arab Countries: Perspectives

Arab world is facing major sustainability challenges in achieving social, economic and environmental goals. Hydrogen economy can help Arab governments, companies, and citizens to save billions of dollars each year from reduced energy bills and sustainable waste management, while at the same time reducing carbon footprints – a win-win solution. Extremely arid climate, acute water scarcity, high energy consumption and polluting oil and gas industry present a unique challenge in Arab countries. Almost one-fifth of the Arab population is dependent on non-commercial fuels for different energy uses. All sectors of the economy — residential, commercial, transport, service and agriculture — demands … Continue reading

Rationale for Solar Energy in MENA

The world is rife with news snippets concerning the development of solar power. The sun provides an infinite source of energy that takes off the burden on the renewable sources for power generation. In doing so, there are increased chances of conserving the limited energy reserves. Already about 50% of the earth’s natural resources are in use. If this usage rate continues, we will run out of finite sources in no time. For instance, there is only enough oil left for the coming 46.2 years. Luckily, the development of solar energy serves as the light at the end of the … Continue reading

Renewable Energy in GCC: Need for a Holistic Approach

The importance of renewable energy sources in the energy portfolio of any country is well known, especially in the context of energy security and impacts on climate change. The growing quest for renewable energy and energy efficiency in the Gulf Cooperation Council (GCC) countries has been seen by many as both – a compulsion to complement the rising energy demand, and as an economic strength that helps them in carrying forward the clean energy initiatives from technology development to large scale deployment of projects from Abu Dhabi to Riyadh. Current Scenario The promotion of renewable energy (RE) is becoming an … Continue reading

Countries Driving Solar Surge in MENA

The countries of the Middle East and North Africa (MENA) are known for their abundance of fossil fuels, yet they also have another energy resource at their fingertips – solar power. Some countries such as Saudi Arabia, which have great solar resources, are transitioning to utility scale solar energy production.  This allows them to export more of their fossil fuel instead of using it to produce power domestically. However, the decision to switch to solar power isn’t just to preserve oil resources for export. The countries in the MENA region are also experiencing increased demand for electricity due to rising … Continue reading

Energy Perspectives for Jordan

The Hashemite Kingdom of Jordan is an emerging and stable economy in the Middle East. Jordan has almost no indigenous energy resources as domestic natural gas covers merely 3% of the Kingdom’s energy needs. The country is dependent on oil imports from neighbouring countries to meet its energy requirements. Energy import costs create a financial burden on the national economy and Jordan had to spend almost 20% of its GDP on the purchase of energy in 2008. In Jordan, electricity is mainly generated by burning imported natural gas and oil. The price of electricity for Jordanians is dependent on price … Continue reading

Renewable Energy Prospects in Africa

With a sixth of the world’s population, Africa generates a measly four percent of the world’s electricity, three-quarters of which is used by South Africa and northern Africa. According to World Bank statistics, more than 500 million Africans (almost two-thirds of the total population) have no access to “modern energy.” Hydropower accounts for around 45% of electricity generation in sub-Saharan Africa (SSA) while biomass (mostly firewood) constitutes about 56 percent of all energy use in sub-Saharan Africa. Large-scale use of forest biomass is accelerating deforestation, and the World Bank estimates that 45,000 square kilometers of forest were lost between 1990 … Continue reading

Renewable Energy in Algeria

Algeria plays a key role in world energy markets as a leading producer and exporter of natural gas and liquefied natural gas. Algeria’s energy mix in 2010 was almost exclusively based on fossil fuels, especially natural gas (93%). However the country has enormous renewable energy potential, mainly solar, which the government is trying to harness by launching an ambitious Renewable Energy and Energy Efficiency Program. The Program consists of generating 22,000 MW of power from renewable sources between 2011 and 2030, of which 12,000 MW will be meant for domestic consumption and the rest for export. The Program is focused … Continue reading

African Development Bank and Renewable Energy

Africa has huge renewable energy potential with some of the world’s largest concentration of alternative energy resources in the form of solar, wind, hydro, and energy. Overall, 17 countries in sub-Saharan Africa are in the top-33 countries worldwide with combined reserves of solar, wind, hydro, and geothermal energy far exceeding annual consumption. Most of the sub-Saharan countries receive solar radiation in the range of 6-8 kWh/m2/day, which counts among the highest amounts of solar radiation in the world. Until now, only a small fraction of Africa’s vast renewable energy potential has been tapped.  The renewable energy resources have the potential … Continue reading

Unleashing Solar Power in Saudi Arabia

Saudi Arabia is the largest consumer of petroleum in the Middle East, with domestic consumption reaching 4 million barrels per day in 2012 out of daily production of 10 million barrels. Saudi Arabia’s primary energy consumption per capita is four times higher than the world average. Strong industrial growth, subsidized oil prices, increasing energy demand for electricity and transportation is leading to a growing clamor for oil in the country. The total energy consumption in the Kingdom is rapidly rising at an average rate of about 6 percent per annum. Solar Energy Prospects  To meet the rising local energy demand, Saudi … Continue reading

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