Driving renewable energy adoption in Africa
With Africa having 700 million households yet to be connected to the national power grid, the pressure to meet the continent’s energy needs has been rising. Players in the off-grid energy space are stepping up to bridge the gap as costs gradually climb down. CNBC Africa spoke to Gillian-Alexandre Huart, CEO, Engie Energy Access for more.
Fri, 08 Nov 2024 16:37:32 GMT
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AI Generated Summary
- The urgent need to address the energy gap in Africa, with 700 million households lacking access to reliable electricity
- The significant investments required, amounting to billions of dollars, for both large infrastructure projects and off-grid solutions
- The importance of partnerships with governments, regulatory certainty, cost-reflective tariffs, affordability solutions, and market dynamics in advancing universal energy access
With 700 million households in Africa yet to be connected to the national power grid, the continent is facing a mounting pressure to meet its energy needs. Players in the off-grid energy sector are rising to the challenge as costs gradually decline. In a recent interview with CNBC Africa, Gillian-Alexandre Huart, CEO of Engie Energy Access, shed light on the efforts to address the energy gap. Huart emphasized the need for collaboration among stakeholders to achieve Sustainable Development Goal 7, which aims for universal access to energy for all. Huart highlighted the importance of a dual approach, combining the national grid for big industries and overall development, with individual solutions in remote off-grid areas to expedite universal access. The interview delved into the challenges of energy access, the required investments, government facilitation, affordability, market dynamics, and the adoption of solar solutions in Africa. The conversation underscored the critical role of partnerships, innovative technologies, and supportive policies in driving renewable energy adoption across the continent.
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