the
ENERGYNET Issue 2 – 2019
LEADING THE CHARGE: Energy Growth in Senegal and West Africa
THE RISE OF RENEWABLES: Synergies between Portugal and Africa
Developing projects in Africa –
LESSONS LEARNT
A PODCAST WITH NORTON ROSE FULBRIGHT
EAST AFRICA:
The launch of Ethiopia’s National Electrification Plan 2.0
RESPONSIBLE CONFERENCING: Africa Energy Forum to host football tournament to support victims of Cyclone Idai Africa
Latin America & Caribbean
EnergyNet Africa
WELCOME
Welcome to the
ENERGYNET MAGAZINE Dear Friends and Colleagues,
Simon Gosling, Managing Director, EnergyNet
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As you know, for 26 years EnergyNet has focused squarely on energy and energy infrastructure. Over the last eight years I have enjoyed leading a business brimming with passionate and brilliant people who understand the market, and work tirelessly to deliver value-adding events to support the sector. Over such a long period
there will always be a shift in business development needs – so in this edition of the EnergyNet Magazine I’m pleased to outline our profile in 2019/20. This year we’re taking a more streamlined approach to bring together the right stakeholders in four easily accessible locations within our Africa portfolio,
2019 The EnergyNet
WELCOME
saving you time, money and energy. That’s why 2019 will see only 4 Africafocused conferences - down from 13 in 2016 - to better serve your business development needs. • Africa Energy Forum (Lisbon, Portugal 2019 & Barcelona, Spain 2020) • Powering Africa Summit (Miami, USA) • Regional Energy Summit - West Africa (Dakar, Senegal) • Regional Energy Summit - East Africa (Addis Ababa, Ethiopia) The above portfolio will support EnergyNet’s role as a responsible business and champion of social, gender and racial equality which includes: • Africa Energy Forum’s commitment to women moderators this year (of
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which 52% are African) and the broader delegate base, welcoming over 700+ aspirational women entrepreneurs and stakeholders • Our recent and ongoing support of the victims of Cyclone Idai – the Africa Challenge Cup • EnergyNet’s social programmes where we have privately funded renewable energy projects for female African entrepreneurs • Our commitment to over 100 African students (EnergyNet Student Engagement Initiative) over the last six years
the Latin America and Caribbean Gas Conference (LGC) in Peru this November - officially the World Gas Conference (WGC) for Latin America. Our partnership with OLADE brings all 27 Ministers of Energy from across LATAM and the Caribbean to Peru this November, with sponsors invited to a closed door Ministerial Round Table.
In our LATAM Business we’re using the same approach to help investors engage with stakeholders. We’re partnering with the International Gas Union, ARPEL and OLADE to host
Very best,
I look forward to seeing you all at the Africa Energy Forum in a few weeks’ time - and if you have any needs which EnergyNet may be able to support, we are always ready to listen.
Simon Gosling
Greenam - Mariental Solar PV PLant
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EnergyNet Africa
MIAMI
A word from our partners, Power Africa, following the Powering Africa Summit in Miami (February 2019):
Our Partnership:
AS STRONG AS EVER For the fourth consecutive year, Power Africa held its annual Partners Meeting on the side lines of the Powering Africa Summit in the United States — this year in Miami. We hosted over 150 guests, from over 100 private sector and development partners, as well as several African governments.
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MIAMI
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e spent the day in discussion with those partners, took an honest self-assessment, and we heard that while Power Africa has been successful, significant challenges remain for power sector investment in Africa. One particular item stood out — projected power supply in the next five years may actually exceed projected demand in key countries unless we dramatically change the landscape in terms of transmission and distribution infrastructure development and also better facilitate power trading across countries. U.S. agency leadership continued to show unwavering support for Power Africa’s efforts, with USAID’s Deputy Administrator Bonnie Glick, U.S. African Development Foundation President C.D. Glin, Millennium Challenge Corporation’s Vice President Karen Sessions, U.S. Trade and Development Agency’s Acting Director Tom Hardy, Overseas Private Investment Corporation’s Ryan Brennan, and the U.S. Acting Executive Director at the World Bank Erik Bethel all delivering remarks during the Summit. We were also thrilled to have spent a couple days with representatives from the Governments of South Africa, Nigeria, Ghana, and K e nya — r e p r e s e n t a t iv e s wh o understand our commitment to improving the enabling environment under Power Africa 2.0. In South Africa recently, the Minister of Energy made a strong statement to the investment community, reaffirming that the government would NOT seek to renegotiate the prices of earlier rounds of the renewable energy independent power project procurement program.
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A lot of the talk during the conference revolved around the potentially massive gas find off the coast of South Africa, and our colleagues at the U.S. Department of Energy made it clear that the U.S. Government is standing by to provide the South Africans with assistance if requested. In Nigeria, our team is poised to move quickly in the on- and off-grid space, now that the elections have concluded. On the first day of the Summit, Power Africa rolled out a long-discussed proposal for helping Southern Africa, particularly Botswana and Namibia, develop a mega solar
project — potentially thousands of MW of new power that could be shared among the countries in Southern Africa. Given the excellent investment climates in both countries, the extremely high quality of irradiation (some of the best, most consistent sunlight in the world), and the low population density, our initial analysis suggests that a large scale solar development could be cost competitive with almost any other technology and could be built relatively quickly. The biggest challenge will be getting buy-in from the host governments, but we believe this proposal will help do just that.
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EnergyNet Africa
WEST AFRICA NEWS
LEADING THE CHARGE:
Energy Growth in Senegal and West Africa Adopted in 2015, the United Nations Sustainable Development Goals provide a roadmap for progress throughout the world over a 15-year period, identifying seventeen interconnected strategies for global prosperity.
The Senegal River offers tremendous opportunities for energy development
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he plan’s seventh goal aims to provide reliable energy to all people: “Ensure access to affordable, reliable, sustainable and modern energy for all.” This objective is perhaps most pressing in West Africa, where millions do not have access to reliable, high-quality energy. Despite sitting atop substantial reserves of natural gas, the region has the world’s lowest access rate to quality energy. The combination of ample resources, limitless opportunity for growth, and the support of international institutions has created an appealing environment for investing in West Africa’s energy sector. Ambitious projects are underway in Senegal, as the nation is poised to both shore up its own energy needs and export to neighboring countries. However, opportunities abound throughout the region, particularly among French-speaking nations like Benin, Mali and Niger.
SENEGAL: WEST AFRICA’S ENERGY HUB With a bustling capital city located on the coast of the Atlantic Ocean, Senegal has become a hotspot for new energy projects. The most significant of these projects are taking place not in Senegal
itself, but in the country’s territorial waters in the Atlantic. BP’s Greater Tortue project has progressed steadily, with the company recently agreeing to collaborate with TechnipFMC to develop a floating production storage and offloading unit on the maritime border of Senegal and Mauritania. The Greater Tortue project is expected to begin production in the early 2020s, and it could produce up to 10 million cubic tonnes of liquefied natural gas (LNG) each year depending on the extent of the areas resources. Senegal’s territorial riches are not limited to LNG, however, as the Senegal River offers tremendous opportunities for energy development. The 675 mile-long river forms a natural border between Senegal and Mauritania (as well as Guinea and Mali), and it is overseen by the Organisation for the Promotion of the Senegal River (OMVS). This ambitious organisation seeks to use hydropower plants and microplants to provide rural electrification; OMVS recently signed a contract with Sinohydro to construct a 294 MW hydropower plant in the Republic of Guinea. With a track record of success and a long-term vision for further construction, OMVS should offer an appealing entry point for international energy players and investors.
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WEST AFRICA NEWS
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The programme is intended to incentivise private investment in the region and promote the benefits of solar solutions. The financing project, ... will be overseen by the West African Development Bank.
WIDESPREAD RENEWABLE ENERGY EFFORTS West Africa’s energy growth has not been limited to Senegal, as international organisations focus their attention on developing new resources throughout the region. In February 2019, the Green Climate Fund (established through the United Nations Framework Convention on Climate Change) approved a 100 million Euro loan to finance solar energy projects in six West African countries. The programme is intended to incentivise private investment in the region and promote the benefits of solar solutions. The financing project, which will support efforts in Benin, Burkina Faso, Guinea-Bissau, Mali, Niger and Togo, will be overseen by the West African Development Bank. The enthusiasm of the United Nations for West African development has been matched by other national entities. The Nigerian National Petroleum Corporation (NNPC) recently pushed for increased energy integration among West African nations, a call that has been echoed by Rick Perry, the United States Secretary of Energy. The NNPC has led major oil projects in the region including the West African
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Gas Pipeline and Trans Sahara Gas Pipeline. Increased investment in these infrastructure projects are expected to provide widespread benefit to West Africa, mobilising economic growth and reducing unemployment.
ELECTRICITY IN BURKINA FASO While Nigeria focuses on petroleum and Senegal on LNG and hydropower, Burkina Faso has worked to develop power transmission lines. The country aims to increase its electricity access rate to 80% by 2020, a monumental increase from current levels (around 20%). Burkina Faso recently secured more than 50 million Euro in funding from the European Union to construct 880 kilometers power transmission lines. The Dorsale Nord project will stretch from Nigeria to Burkina Faso’s capital of Ougadougou, and it is expected to provide 150 MW of reliable power. Lofty goals, international interest, and major investments define the current West African energy picture. The next decade will undoubtedly see monumental progress and innovation, offering boundless opportunities for shrewd players in the energy industry.
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Africa
10 - 11 OCTOBER 2019 • SENEGAL
POLICY
RENEWABLES
OIL & GAS
FINANCE
The 5th annual Regional Energy Summit: West Africa (RES: West Africa) will arrive for the first time in Dakar, Senegal from 10-11 October 2019. RES: West Africa will bring together over 800 investors, project leaders and government representatives to engage and present the latest developments on enhancing the energy mix within West Africa. The Summit will feature project focused discussions on Gas, Wind, Solar, Hydro and Off-grid and will showcase investment opportunities through regional anchor projects, infrastructure financing and the future of renewable energy within Senegal and beyond.
For more information contact: res-west@energynet.co.uk www.recs-west.com
EnergyNet Africa
EAST AFRICA NEWS
Ethiopia: The launch of the
NATIONAL ELECTRIFICATION PROGRAM 2.0 T he Program envisions universal At our most recent electricity access by 2025, with Regional Energy 65% of the electricity coming from the grid and 35% from a variety Cooperation Summit of off-grid systems. The following in Addis Ababa, His extract is taken from the National Excellency Honourable Electrification Program (NEP) 2.0 – Federal Democratic Republic of Minister Dr Seleshi Ethiopia. Bekele, Minister of Water, Irrigation FOREWORD and Energy launched Following the successful launch and rolling implementation of Ethiopia’s Ethiopia’s updated First National Electrification Program version of the National (NEP) in 2017, the Government Electrification Program of Ethiopia (GoE) has achieved (NEP 2.0), first launched significant milestones in connecting 33 percent of its population with onin November 2017. grid electrification and 11 percent
with off-grid pre-electrification, with the combined achievement of 44 percent of electricity access. Although substantial progress has been made in the sector, Ethiopia’s electrification needs are still significant. More than half of Ethiopia’s population (56 percent) still does not have access to electricity. By 2025, Ethiopia desires to
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attain middle-income country status, rural and urban electricity access is targeted to achieve 100 percent. Achieving Ethiopia’s development vision of transformative growth and widely shared prosperity requires timely provision of adequate, affordable, and reliable electricity access to all. Clean electricity access is an essential pillar of sustainable development, economic growth, and social and environmental development. Access to reliable and affordable energy is at the very core of the modernization of the national economy and wellbeing of our citizens and communities; enabling efficient, timely, and essential productive uses and service delivery of adequate quality in education and healthcare, as well as access to water, telecommunications and financial services. With mega projects like the Grand Ethiopian Renaissance Dam and Koysha Hydro Power Plant, the installed power generation capacity of Ethiopia is expected to more
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Africa
10-13 MARCH 2020 • ETHIOPIA
POLICY
RENEWABLES
FINANCE
OFF-GRID
The 4TH annual Regional Energy Summit: East Africa (RES: East Africa) will return to Addis Ababa in March 2020 to present the latest developments within largescale power generation. The Summit will feature project-focused panel discussions showcasing regional anchor projects, infrastructure financing and the future of renewable energy PPPs and IPPs. The Off Grid stream will once again gather the most proactive developers, regulators, policy-makers and financiers in the off-grid and mini-grid space.
For more information contact: res-east@energynet.co.uk www.recs-east.com
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EAST AFRICA NEWS
than double from the current levels. These are visible indicators of rapid growth in electricity generation and overall development.
the utility to regional constituencies, the sector is on the right track to become financially strong and operationally efficient.
In addition to significant upcoming increase in installed capacity, substantial progress has been made in terms of engagement of the private sector. The GoE has established Public-Private Partnerships (PPPs) for the transformation of energy project financing and implementation. Future geothermal, hydro, solar and wind power generation projects will be developed by private Independent Power Producers (IPPs) utilizing project finance modalities, where the public sector will focus on regulatory and off-taker roles. The major gaps in transmission and substation development to supply industrial parks, railway lines, agro-processing centers and rehabilitation of additional major towns are also being considered for Joint Venture development between the public and private sector.
The updated version of the National Electrification Program (NEP 2.0) focuses on integrated—grid and offgrid electricity access—and provides an implementation framework for the achievement of 35 percent of off-grid access by 2025. The NEP document has been updated to reflect the government’s commitment to revise the electrification program based on implementation progress and improved analytics. To achieve GoE’s universal electricity access goal by 2025, the NEP 2.0 takes stock of the progress achieved since the launch of the first NEP, updates grid electrification targets and costing, and provides a detailed off-grid implementation framework based on best practices and consultations with public and private sector implementing agents. The design of NEP 2.0 brings together all sector stakeholders and Development Partners, led by the GoE. In addition,
To further transform the power sector, enable PPP modalities, stakeholders are working on major initiatives to improve technical, operational and financial performance of EEU and EEP, and enhanced regulatory framework at EEA. The sector expects to reduce technical losses and improve power reliability with the recently completed 8-town rehabilitation and ongoing 6-town rehabilitation projects including in the capital city of Addis Ababa. With the introduction of Enterprise Resource Planning (ERP) system at both EEP and EEU, recent establishment of cost reflective tariffs, significant improvement in billing and collection rates and decentralization of
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NEP 2.0 presents a full-fledged integrated sector-wide approach to electrification, building on best practices: household connections are linked with generation and transmission plans, to ensure that clean and sufficient electrons reach all households across the country. Meeting the double electrification imperative— to increase both capacity and reach of electrification is a significant task. However, it’s also an exceptional opportunity to develop Ethiopia in tandem with its aspiration of becoming a middle-income country and a leading player in the regional power trade.
By 2025, the NEP will implement: (i) 8.2 million new grid connections, and (ii) 6 million beneficiaries will have access to off-grid solutions through standalone solar solutions and mini-grids technologies, illuminating the country, irrespective of where someone happens to live. The investment and directly related program implementation support requirements of the NEP 2.0 are substantial and require mobilizing significant amount of financing. The NEP 2.0 includes a prospectus for syndicating nearly US$6 billion of financing in direct investments and Technical Assistance for on-grid and off-grid electrification. The GoE is confident that our stakeholders and Development Partners are as excited as we are towards achieving universal electricity access by 2025. With these strategic interventions of generation, access and improving efficiency; Ethiopia is well placed to achieve the 2030 agenda for Sustainable Development Goals (SDGs). I wish to thank government agencies and our Development Partners for their contributions to date, toward preparation of this second NEP. Going forward, the NEP will keep being a living document, periodically updated, to respond to significantly changed circumstances or information about key technical, economic, or other variables underpinning its design.
Minister Dr. Seleshi Bekele Ministry of Water, Irrigation, and Energy Addis Ababa, Ethiopia
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11 - 14 JUNE 2019 • LISBON
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IMPLEMENTING PORTUGAL’S RENEWABLES ROADMAP Exclusive interview with João Galamba, Secretary of State for Energy
The Portuguese Government is currently enacting change across its energy landscape in order to achieve a 47 percent renewables influence by 2030. As its capital Lisbon prepares to host this year’s Africa Energy Forum, this initiative has taken on extra significance as the two regions continue to find synergies in their targets. 14
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lear objectives have been adopted to promote energy efficiency among consumers, within industrial processes, and via the expansion of electric mobility, as part of Portugal’s drive to set an example in Europe, and indeed to Africa. The country’s Secretary of State for Energy, João Galamba, is therefore better placed than most to outline the country’s plan to exploit endogenous resources in the name of cleaner energy.
and energy with a view to a sustainable development and social and territorial cohesion,” he explains.
“My mission under the Ministry of the Environment and Energy Transition is to formulate, conduct, execute and evaluate policies on the environment, urban planning, cities, housing, urban transport, suburban and road passenger transport, climate, nature conservation
In this framework, new emission reduction targets have been established, whereby final energy consumption will incorporate 47 percent renewables, while 80 percent of electricity generation will likewise derive from renewable sources.
Regarding energy specifically, he continues: “Portugal is set to achieve carbon neutrality by 2050, with the greatest effort done in the next decade. The National Energy and Climate Plan (NECP) therefore reflects the challenges and the main steps to be developed by 2030, aligned with a trajectory of carbon neutrality.”
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JoĂŁo Galamba, Secretary of State for Energy
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“Furthermore, we now have a target to achieve 35 percent energy efficiency by 2030,” Galamba adds. “The future energy system should guarantee the challenge to manage the integration of a massive capacity of intermittent renewable energies, fluctuations in electricity generation and the proper balance between energy supply and demand.” This energy transition also comprises the decommissioning of coal-fired power stations before 2030, compensated by a focus on renewable energy generation; with much of the focus turning towards the vast potential of solar. “To reinforce solar capacity we’ll be conducting power generation auctions,” Galamba says. “The first of these is scheduled for July of this year, estimated around 1,350 MW. In January 2020, another auction of 700 MW will take place, in a series of two auctions per year. The aim is to reach between 6 and 7 GW of new capacity in PV power plants to be in operation by 2027.”
These goals are ambitious, but also realistic, based on Portugal’s commitment towards building a green and sustainable economy
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Portugal’s energy transition hopes to be completed to the tune of 100 percent renewables adoption by 2050
BUILDING A GREEN AND SUSTAINABLE ECONOMY Ultimately, Portugal’s energy transition hopes to be completed to the tune of 100 percent renewables adoption by 2050 – a complete decarbonisation of the power sector. It’s a goal very much in-keeping with Portugal’s existing reputation as a leading country in the fight against climate change and the championing of clean energy. “Achieving carbon neutrality requires a real energy transition,” Galamba says. “Our National Energy and Climate Plan translates this aim for the 2030 horizon, aligning the trajectories of carbon neutrality alongside new goals of reduced emissions, incorporating renewables and improving energy efficiency. “These goals are ambitious, but also realistic, based both on the path Portugal has followed historically, and on its present commitment towards building a green and sustainable economy.” This energy transition is a long-term process that will radically transform the way Portugal produces, stores, distributes, and consumes energy. By reinforcing the
incorporation of renewable energies into the national energy system, Galamba explains that it will correspond to a progressive decarbonisation of the country’s economy. The transition won’t be cheap of course, with billions of Euros already earmarked for NECP 2030. However, it is necessary given the sweeping infrastructure overhauls required to embrace the power of solar in particular, but also a more diverse renewables landscape moving forward. “Solar energy will play a decisive role in increasing renewable capacity from 0.5 GW in 2015, to an expected range of 8.1-9.9 GW by 2030,” Galamba explains. “Although wind power will continue to play a key role, and is expected to continue to grow (representing approximately 35 percent of the estimated production by 2030), other renewables (biofuels, biomass, biogas, geothermal, oceans) and storage technologies as well as energy vectors (eg hydrogen) are also being addressed.” In cold hard stats, NECP 2030 will be instrumental to the long-term process of transformation that will facilitate carbon neutrality for Portugal’s energy system by 2050; and a rise in renewable energy
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production from 11.8 GW in 2015 to as much as 28.8 GW in 2030. “Adding to that, there is also the opportunity to promote the circular economy towards a sustainable 100 percent renewable-based energy transition, especially, addressing the sustainable management of other key issues such as strategic minerals, responsible mineral sourcing, water usage and the value for related local communities. “Overall, the NECP 2030 implementation reinforces the Portuguese path and the commitment to keep improving performance,” Galamba surmises.
STRENGTHENING THE COOPERATION BETWEEN AFRICA AND EUROPE The learning curve that Portugal is following at present represents the best of the country’s local expertise, but also its global outlook. Understanding global and local challenges simultaneously, partnering accordingly, and contributing to the mitigation of a very international challenge is a familiar ethos for the country; and one that will be put on display at this year’s Africa Energy Forum in Lisbon this June. “Portugal, as a member of the Community of Portuguese Speaking Countries (CPLP), has long-promoted a strong cooperation between ourselves and several African countries in different fields, including the energy sector,” Galamba says. “The CPLP’s strategic vision reiterates the strengthening of multilateral cooperation, based on the interest of its peoples in sustainable and harmonious development, by
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identifying realistic objectives and actions, valuing the potential and priorities of each country.” The CPLP corresponds to a seventh of the world’s hydrocarbon producers, with prospects of improving its position in the coming years to give the community even more strategic importance. As evidence of its successful functionality, in 2017, it was decided among the association to increase the use of renewable energy and to promote energy efficiency in order to achieve diversification of the energy mix, rational use of energy, and reduction of greenhouse gas emissions. Galamba elaborates: “The energy theme has a very important geostrategic dimension where the Community of Portuguese Speaking Countries asserts itself, and energy diplomacy is increasingly a relevant tool to which Portugal has contributed. Moreover, the energy cooperation between Portugal and African countries at bilateral level has been amplified, generating excellent synergies through direct prolific relations. “As such, it is a great honour to host this year’s Africa Energy Forum in Lisbon. In as much as energy is a fundamental axis of international relations, there is a real need for an effective diplomatic, institutional and business cooperation between counties. Therefore, the Africa Energy Forum is an excellent opportunity to debate the energy sector, create new partnerships and deepen existing relations.” Galamba emphasises how pivotal Portugal will be not just in setting an example from its domestic setting, but in connecting Europe and Africa under
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the banner of energy in the future. The country’s experience in deploying reliable renewable technologies, promoting effective energy efficiency initiatives and supporting energy innovation makes it a prime candidate for knowledge sharing and indeed event hosting. “The Africa Energy Forum will strengthen the cooperation between African and European countries, identifying opportunities to work together in the upcoming years,” Galamba aptly concludes.
JOÃO SALDANHA DE AZEVEDO GALAMBA SECRETARY OF STATE FOR ENERGY, PORTUGAL João Saldanha de Azevedo Galamba was born in Lisbon, on August 4, 1976. Holds a degree in Economics (Universidade Nova de Lisboa), took the doctoral program towards his Ph.D. in Political Science at the London School of Economics and taught Political Philosophy. Worked at Banco Santander de Negócios, at DiamondCluster International, at the Portuguese Presidency of the Council of the European Union and at the Integrated Continuing Care Mission Unit. Member of the Portuguese Parliament since 2009, being a member of the XI, XII and XIII Legislatures. Coordinated the Members of Parliament of the Socialist Party in the Budget and Finance Committee and was VicePresident of the Socialist Party Parliamentary Group. Written by Matthew Staff
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THE RISE OF RENEWABLES:
synergies between Portugal and Africa There is far more that links Portugal and Africa beyond history and geography. From an industrial standpoint the two entities may be at different stages but when it comes to energy, the rise of renewables has brought about an interesting synergy – one that makes the upcoming Africa Energy Forum in Lisbon one of the most intriguing yet.
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o the north, despite Portugal’s traditional success throughout the advent of renewable energy, the country has fallen behind as new methods surrounding offshore and wind overtake the importance that was initially placed on onshore generation. At the heart of this momentum shift is the country’s leading energy player, EDP, who has long urged Portugal to react more speedily to this change of direction. “The focus on the accommodation of cleaner energy - namely offshore wind and especially solar - presents a challenge of developing decentralised generation while surrounded by a grid that was built based on traditional big powerplants,” introduces the company’s Executive Director, João Marques da Cruz. “This will require huge investments now, not just in hardware and equipment, but also in intelligence in order to manage this decentralised generation. “This transition is the biggest challenge that everybody is facing right now in Portugal.” This is where the alignment with Africa’s own nascent venture into clean energy and decentralised solutions comes into play.
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However, Portugal has the benefit of being a previous leader in the onshore space to leverage investment and progression, and Mr Cruz is hopeful that this will help his own domestic market react sufficiently, while also applying lessons learned to neighbours across the continental border. “In Portugal, in decentralised solar particularly, we already have a lot of players wanting to make investments in Portugal. This is why the challenge now is to prepare the grid for this new wave of renewables based on solar,” he says. “It’s also where we at EDP are most active at present, offering solar solutions to the market; and it’s also where we’re continuing to have an influence in Africa, especially in Portuguese-speaking countries.”
A NEW WAVE OF DECENTRALISED CLEAN ENERGY Across Angola, Mozambique and Cape Verde in particular, EDP is joining numerous international players in mirroring domestic development with international opportunity. In Africa, Mr Cruz believes the first step is to veer away from traditional
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generation by promoting localised, offgrid solutions. “Sustainable, local grid solutions,” he corrects. “When we think about off-grid solutions (and local grids are disconnected from the rest of the grid so are classed as off-grid), it’s important to accommodate local generation with improved grid management and supply skills. “This kind of ‘island’ in terms of energy management is something we believe is one of the main drivers for Africa and other places lacking a more robust central grid.” The belief extends to an expectation that local off-grid options will generate a better quality of clean energy than the main grid can provide, and it’s something that both Africa and Portugal need to diversify into in order to fully capitalise on the opportunities that offshore generation and solar present. More important still is the idea of implementing the two strands of energy generation in tandem. Mr Cruz explains: “In Portugal we have a two-step approach to first address large windfarms and then look into decentralised generation. One thing we’ve learned from projects in Africa though is that we can do these two things together without phases. My suggestion for both is - without forgetting the big windfarm projects that countries are already deadlocked into – to also look towards decentralised solar solutions simultaneously. “You can do them together and there’s no reason why this new wave of decentralised clean energy should be
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looked at as opposite to the big wind farms or centralised renewable projects already ongoing.”
‘NOW’ IS THE MOMENT FOR AFRICA ‘Doing things together’ ties in nicely with the forthcoming Africa Energy Forum in Lisbon this June; affirming that Portugal’s historical ties with Africa can be brought into modern times via networking, knowledge sharing and - hopefully, as far as Mr Cruz is concerned - tangible investments and project building.
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the consensus now is to invest in renewable energy – both across centralised and traditional windfarm projects, and these aforementioned decentralised options too. “I hope that major players can understand that ‘now’ is the moment for Africa. EDP certainly understands and is ready.”
“This event needs to be seen as a starting point,” he says. “If the event doesn’t initiate any real process of investment or collaboration then it’s not a success, but I hope in this case with the participants in attendance, that we can create a momentum of more investment in energy in African countries.” This wish comes from a realisation that situations need to improve on both sides. Whereas Africa is trying to offset central challenges, Portugal is trying to reinvent its renewables landscape; but the common thread across both is the kinds of projects that can be implemented. And they need to be implemented soon. “’Delay’ is a common word associated with energy projects, especially in Africa, but I hope when we speak of this event in years to come we’ll look back at a positive turning point whereby leaders and companies began to push through projects rather than just talk about them,” Mr Cruz concludes. “There are much better conditions for implementation now because local authorities understand the need to invest in clean energy, and hopefully
JOÃO MARQUES DA CRUZ MEMBER OF THE EXECUTIVE BOARD, EDP Mr Cruz holds a Management Degree from ISE – Instituto Superior de Economia of the Universidade Técnica de Lisboa (1984), an MBA in Universidade Técnica de Lisboa (1989) and a Postgraduate Degree in Airlines Management and Marketing from IATA – International Air Travel Association and Bath University (1992). He was elected Member of the Executive Board of EDP Renováveis in May of 2012, Chairman of Câmara Comércio LusoChinesa in April of 2012 and Chairman of EDP Internacional in September of 2014. He was elected Member of the Executive Board of EDP in February of 2012, being re-elected in April of 2015 and again in April of 2018.
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Meet the companies paving the way for
PORTUGAL-AFRICA ENERGY PARTNERSHIPS T According to a recent OECD Economy Survey, Portugal is making concerted progress when it comes to its emissions and sustainable energy goals, but there is still room for further improvement.
his blend of sustainable strategy but work-in-progress status, makes Portugal – via its capital, Lisbon – the ideal host for this year’s Africa Energy Forum; an event which similarly champions an ongoing strive for energy evolution.
On the renewables front, successes are slightly more tangible, with Portugal on target to meet a target of 31 percent renewables dependency by the end of 2020. “Energy supply from renewable sources increased by almost 70 percent between 2005 and 2016 and accounted for 55 percent of electricity generation in 2016,” further introduces Ângelo Ramalho, CEO at Efacec, a Portuguese company facilitating industrial and energy developments on a global scale. “The surge has been driven mainly by the expansion of wind energy generation, which increased 14-fold between 2004 and 2015. OECD predicts that given Portugal’s dependence on imports of fossil fuels, further investment in renewable energy not only has the
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potential to lower GHG emissions but also to improve energy security.”
Efacec has the perfect vantage point, in both overseeing and contributing to Portugal’s energy journey. The company’s proficiency in designing, developing and manufacturing products to cater for the full energy value chain has made it a significant cog in Portugal’s sustainability machine; while its knowledge base and portfolio paints a much more international picture via its role in energy, mobility and environmental projects in more than 90 countries.
“Efacec stands out, at national and international level, by having the competitive advantage of turnkey solutions (EPC - engineering, procurement, and construction), with the possibility of including in-house equipment; guaranteeing quality and reliability in the solutions presented,” Ramalho states. With numerous projects backlogged as a result of Efacec’s market appeal, the company has a sustainable future
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Ângelo Ramalho, CEO, Efacec 2019 The EnergyNet
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Picture of our New Energy Transmission Grid Project in Tunisia.
secured in Europe, Latin America, its homeland of course, and finally – Africa. “From our point of view, the relationship between Portugal and Africa is very positive, based on a logic of partnership, and focused on the development of projects and infrastructures that promote people’s quality of life,” Ramalho continues. “Portugal has an unquestionable role in the development of much-needed energy infrastructures across several African countries; notably Cape Verde, Angola and Mozambique. “Efacec has an historical presence in these markets but regardless of our close connection to Portuguese speaking African countries, Efacec aspires to be a relevant player across the entire Continent. To this extent, we are also currently active in other African markets including Cote d’Ivoire, Egypt, Kenya, Ethiopia, Tunisia, Algeria, and Morocco.”
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CONTRIBUTING TO AFRICA’S SOCIOECONOMIC DEVELOPMENT North Africa has been a significant region for Efacec since the 1990s, emphasising how widespread the continent’s energy evolution has been. Over the coming years, strong investments are planned across power grids and electrical interconnections in several countries in West, Central and North Africa – especially Morocco, a relative neighbour to Portugal. “Efacec believes in the high potential of the Moroccan market, that has increasing levels of investment expected, particularly in solar power plants, electrical substations up to 400KV and the retrofit of hydroelectric power stations,” Ramalho explains. “In addition, investments in wastewater treatment plants is also a trend where Efacec is playing a relevant
role with several projects attained in recent years.” One of the more recent projects won by Efacec in Morocco occurred in December 2018, with the signing of the contract of the Bouregreg Water Treatment Plant, the largest water treatment plant in Morocco; highlighting both the company’s and the country’s ongoing proactivity. Meanwhile, in Angola, Efacec has produced and installed the largest and most powerful transformer in the country; in Guinea-Bissau, Efacec won an international public bid for the construction of two substations and a 6.2 kilometre link to the new thermal power station; and in Rwanda, the company was selected for the construction of three new 200KV substations. These are just a select few examples, but each represent not just Africa’s rising prominence in the global energy order,
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but companies like Efacec’s willingness to aid this mission. “With each project, we are not just providing technical expertise, but we are also raising living standards and making significant contributions to the socio-economic development of these African countries,” Ramalho says. “As we think how to operate in any given African country, the word ‘partnership’ is paramount. Equal partnerships allow knowledge transference and local community learning and empowerment. As years go by, the local utilities are benefiting from those international contractors who come to stay in the country and play a role in the development of the local economy. “As a global player in Africa, Efacec continues to live by this partnership spirit by incorporating local content as much as we can.”
EMPOWERING AFRICA’S FUTURE Partnership has been a recurring theme underpinning the Africa Energy Forum over the years too, and Efacec is excited about the prospect of this year’s event being hosted in Lisbon. “Undoubtedly, it will be a high-level forum to discuss the state-of-art, and the future evolution of the energy sector in Africa,” Ramalho affirms. As a prominent solutions provider in the space, Efacec wants to be part of the debate, and inevitably through its experience and portfolio in both Portugal and Africa, it has more to offer than most to the debates being conducted this coming June.
2019 The EnergyNet
Ramalho continues: “We believe that the knowhow we have, our expertise to deliver high impact projects on time and to high quality standards, and our ability to deliver turnkey solutions makes us more than a relevant contributor to this event. “That being said, we are also there to listen to African political and economic authorities to assess their needs and ambitions for the energy development of their countries. We are sure that some relevant business opportunities and synergies will then emerge.” Ramalho goes on to laud Portugal’s event-hosting capabilities and is equally excited at the prospect of networking and learning over the course of the four days, as he is conducting business. In doing so, Efacec will continue to enhance its understanding of a continent that it has helped empower and flourish from a power perspective over the years. Contributing to the full value chain, from generation to distribution, the company is excited about the future of African energy, especially given the growing investment interest being targeted towards its key regions. “It is interesting to see increasing interest in Africa from IFIs and this will help foster the pressing infrastructure needs of countries in the region,” Ramalho concludes. “Efacec will keep participating in this process by being an active player in the energy sector, as this is where our heart and legacy is. “We want to continue our contribution towards Africa’s economic and social growth - to empower Africa’s future.”
EnergyNet Africa
We are also there to listen to African political and economic authorities to assess their needs and ambitions for the energy development of their countries.
ÂNGELO RAMALHO CEO, EFACEC Has a Degree in Mechanical Engineering from the Faculty of Engineering of the University of Porto and the PADE – Advanced Management Program AESE. Since October 2015, Ângelo Ramalho is the Chief Executive Officer of Efacec. He has an extensive professional career, initially in the oil & gas industry, particularly in Shell Portugal, Gás de Portugal and Galp Energia. Among other prominent roles, he was Managing Director of Natural Gas distribution companies, Lusitaniagás and Lisboagás, Executive Director of Galp Power and LPG General Manager of Galp Energia. He also performed non-executive director roles at Portgás, Setgás, Galp Azores and Galp Madeira. In December 2006 he took over the Chairman of Board of Directors and Director of Global Power Sales Alstom Portugal. He believes that the energy of his people is the critical factor of success in achieving the projects he leads.
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EnergyNet Africa
aef IN PORTUGAL
TRANSMISSION AND DISTRIBUTION IS EVOLVING IN AFRICA-
but how can private sector support this trend and unlock its potential? Here we speak with Simon Hodson, CEO of newly launched platform Gridworks, about the tools needed to improve power networks and drive improvements in the sector
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ridworks, a newly launched platform backed by CDC, is a dedicated developer and investment platform for electricity network investments in Africa.
generation capacity has increased in many countries, grid capacity remains a bottleneck to the availability and affordability of power. Off-grid solutions have attracted significant investments recently and, whilst there are important
What recent developments have taken place in Africa’s T&D space? The T&D space on the continent is evolving and I expect the pace of development will continue to increase over the coming years. Key stakeholders, including governments and multilateral institutions, are increasingly looking to private sector involvement in T&D as one of the tools needed to improve power networks and this presents a range of opportunities for Gridworks (the CDC backed dedicated development and investment platform in T&D which I lead) to explore. The fundamental challenge remains though, that while
Key stakeholders are increasingly looking to private sector involvement in T&D as one of the tools to improve power networks
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issues to overcome, this is clearly a developing market which we all see has the potential to play an important role in driving improvements in the sector, if executed in a coordinated fashion. How can private sector financing support the development of T&D in Africa? It is widely accepted that significant capital investment is needed in T&D in Africa (McKinsey estimate $345bn between 2015 and 2040). This need for investment means that the private sector, working alongside other sources of capital, will have a significant role to play. It is important to encourage stakeholders to work together in partnership to develop and structure investable opportunities to unlock this funding. Private sector financing is not a silver bullet solution but sustainable and long-term investment from the private sector can, with the support of other stakeholders, contribute to improvements in the sector by funding appropriate capital investment and driving technical improvements. With the right support management practices can reduce losses, improve health and safety and contribute to a more sustainable power sector. Ultimately, I believe that private sector investment can, in the right conditions, drive significant improvements in the quality, quantity and availability of power to end users. CDC is an example of where private capital has been pivotal (for example Virunga Energies in the DRC and Umeme in Uganda) and Gridworks will aim to build upon these successes.
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Why do you think the Africa Energy Forum is valuable to the Africa power sector? A coordinated effort is required to improve the power sector in Africa and partnerships are key. AEF is an excellent opportunity for stakeholders to get together, share ideas and collaborate. Coordination is important in a number of areas – technical, financing and regulatory – it is important that as a group of stakeholders in this vital sector we share best practices and work together for the improvements we all strive for.
EnergyNet Africa
in this sector by CDC to date. Networks and partnerships are key to operating successfully in the market and my team and I who are attending AEF hope to build on old relationships and develop new ones.
Which countries in Africa are a focus for Gridworks and why? Gridworks and CDC have experience working across the continent. Our focus will be to find opportunities to work with governments and partners in order to accelerate the delivery of affordable, reliable power to households and businesses. Gridworks will focus its resources on countries where there is a receptivity to facilitate private sector investment. Investments could be in the form of utility concessions, public private partnerships (PPPs), management contracts, r ural electrification programmes, distributed power companies/projects, or utility services companies. What are your objectives for the 21st Africa Energy Forum? I lead Gridworks, a newly launched platform backed by CDC as a dedicated developer and investment platform for electricity network investments in Africa. We are using the AEF to announce our launch and build upon the work done
SIMON HODSON CEO, GRIDWORKS DEVELOPMENT PARTNERS Simon is CEO of Gridworks Development Partners, a newly launched platform owned and funded by CDC Group. Gridworks is dedicated to developing and investing in opportunities in the transmission and distribution and off-grid sectors in Africa. Simon has three decades of experience making and managing direct investments in developing countries. Simon has previously held roles at Delin Capital, IPS (part of the Aga Khan Fund for Economic Development), CDC Group as well as funds in Cyprus and Cuba. Simon originally qualified as a chartered accountant.
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aef HIGHLIGHTS
aef 2019 HIGHLIGHTS What to expect at the upcoming Africa Energy Forum in Lisbon THE AFRICA CHALLENGE CUP
WOMEN MODERATORS AT aef 2019
The Africa Challenge Cup football tournament takes place on the evening of Wednesday 12th June during the Africa Energy Forum (aef), to raise £50,000 for victims of Cyclone Idai. Come along and support the players alongside 1,000 delegates, African government delegations and Manchester United legends. Invite your friends, clients and investors and be a part of what can only be described as ‘soccer aid’ for Africa. The tournament takes place at the Os Belenenses, Estádio do Restelo stadium in Lisbon. Book your free ticket now
As a business with 75% female leadership, aef 2019 is proud to announce that all 56 sessions in Lisbon will be moderated by some of the most brilliant women in the energy sector. In Lisbon we expect over 25% women participants from 3,000 delegates, up from just 9% in 2012. To celebrate this progress, we’re looking forward to welcoming a programme of all-women moderators to Lisbon. Do you know an inspirational woman in the energy sector? We’d love to hear from you! Submit your nomination
ANNOUNCING PROJECTS CLOSED BY THE AEF COMMUNITY For the first time in 21 years aef 2019 will start with a celebratory presentation of all the projects either brought to financial or operational close over the past 18 months. We will also be publishing a project announcements booklet of all projects which will be handed out to aef delegates.
Scatec Solar ASA - Upington
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2019 The EnergyNet
aef HIGHLIGHTS
EnergyNet Africa
FRIDAY 14 JUNE HIGHLIGHTS FROM THE FINAL DAY Eskom will host an interactive session on - Insights, Planning and Stability. How is Eskom, a Global Scale African Utility, Dealing with Its Challenges. The Portuguese Government will present the tender process for 1.35GW (2019) and 700MW (early 2020) of PV projects in Portugal.
THE INNOVATION THEATRE RETURNS This year’s aef Innovation Theatre, sponsored by ABB, will take a closer look at the battery storage sector. With technology moving so fast, when is the right time to introduce storage based solutions? And what foundations can developers and utilities be laying in preparation for the ‘storage boom’? The Innovation Theatre is a separate stream to the main agenda, running throughout Wednesday and Thursday. Expect compelling case studies, dynamic speakers and a game-changing iproduct showcase of innovative storage-based technologies by some of the world’s leading companies. Not to be missed! Read the working agenda
ENERGYNET STUDENT ENGAGEMENT INITIATIVE (ESEI) Now in its 6th year, ESEI has supported nearly 100 African students to learn from global energy companies and explore employment prospects. ESEI promotes human capital development and job creation across Africa’s energy sector, providing a platform to recognise exceptional African candidates and entrepreneurs. Selected students from top African universities are sponsored to attend the Africa Energy Forum to witness first-hand the wider impact of the power sector on global economies. Top class students from Nigeria, Ethiopia, Egypt, Senegal and South Africa will attend the 21st Africa Energy Forum (aef) in Lisbon. These countries have been chosen for their wealth of resources, expertise and movement in the sector over the last 18 months. This year we’ll be hosting our very own ESEI University Challenge! Join us in the Innovation Theatre on the final day of the conference as 5 countries go head to head in a quick-fire quiz.
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EnergyNet Africa
RESPONSIBLE CONFERENCING
RESPONSIBLE CONFERENCING: Africa Energy Forum to host football tournament with Manchester United legends to support victims of Cyclone Idai Cyclone Idai was one of the worst storms on record to ever hit the African continent. The storm was the deadliest and costliest in the SouthWest Indian Ocean in more than 100 years with over 1,000 people killed.
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ne month on and the impact of the cyclone is raising fears that a massive cholera epidemic could break out, with more than 4,000 registered cases and 7 fatalities already. The Africa Energy Forum (aef) has teamed with KOHLER, principal partner of Manchester United, and Clarke Energy, a KOHLER company, to raise £50,000 for victims of the Cyclone. The ‘Africa Challenge Cup’ football tournament will be a major networking event taking place on 12th June at the Os Belenenses, Estádio do Restelo in Lisbon, Portugal. EnergyNet is fully funding the hire of the stadium and KOHLER and Clarke Energy are funding all other costrelated elements of the tournament
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– so 100% of any money raised goes to disaster relief for the victims of Cyclone Idai. EnergyNet has donated £20,000 to disaster relief efforts in Zimbabwe through the provision of 1,350 WakaWaka Solar Lanterns and Power+ Solar Charging Power Packs to support those shut off from energy, who live in darkness once the sun goes down. Camille van Gestel, Founder of WakaWaka, commented; “When recovering from a disaster nothing is more frightening than to have to spend your evenings in utter darkness. Having light is a basic necessity, enabling people to pick up their lives also after sunset, to cook, work and do homework. WakaWaka can literally enlighten, perhaps even brighten the lives of people.”
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RESPONSIBLE CONFERENCING
Working with WakaWaka and the Miracle Mission Trust, an organization which facilitates sustainable transformation for Zimbabwean communities, EnergyNet’s donation alone will benefit over 5,000 individuals in frontline communities within two weeks of the investment being made. EnergyNet’s Managing Director Simon Gosling commented, “In addition to funds already to committed, we hope to raise £50,000 annually through the tournament for important causes such as Cyclone Idai and we’ll work with our partners in any way necessary to make this possible. Conference companies must play a responsible role in the markets they serve, and we’re proud to lead the way. I hope the sector will support this initiative and make the ‘Africa Challenge Cup’ an equivalent to Soccer Aid for the continent.” Generous support from donors Baker McKenzie and Clarke Energy, who will each take a team in the tournament, has now brought the total to £30,000. Baker McKenzie commented, “Cyclone Idai has had a massive impact on thousands of people in Zimbabwe, Malawi and Mozambique. We’re delighted to support the Africa Challenge Cup at the Africa Energy Forum in raising much needed funds to bring power and light back to those affected.”
EnergyNet Africa
ABOUT WAKAWAKA WakaWaka’s are the world’s most efficient solar powered phone chargers and flash lights. The company who makes them, also sells to western consumers. For each product they sell, they commit to “Light Up A Life”, so to provide at least one person with a safe, sustainable source of light. Over the past few years, the company has impacted the lives of well over 1.5 million people already and has done a lot of disaster relief work with organizations such as the International Red Cross, Save the Children, Habitat for Humanity, IOM, The International Rescue Committee, Amref Flying Doctors and many others.
Attending the tournament is free of charge, however additional funds can be raised through corporate sponsorship of a team. Manchester United’s Quinton Fortune and Wes Brown will actively manage the teams on the day and participate in a medal ceremony for the winners. Goals will be aggregated and in the event of a draw after 90 minutes, a penalty shoot-out will take place. “As Principal Partner of Manchester United, KOHLER is pleased to arrange for these football legends – Quinton Fortune and Wes Brown – to coach the participating teams and interact with event attendees,” said Hervé
Prigent, Vice President of marketing for Kohler Power Systems. “This will be an enjoyable and beneficial way to begin the Africa Energy Forum as industry stakeholders from around the world gather to celebrate our many shared passions. Power, energy, infrastructure, and of course – football.” Delegates attending the conference are invited to watch the matches and participate in photo opportunities with the two Manchester United legends. Some 1,000 delegates are expected to attend this important event alongside all government delegations from across the continent.
CAN YOU HELP US REACH OUR £50,000 TARGET TO SUPPORT THE VICTIMS OF CYCLONE IDAI? To find out how you can support the victims of Cyclone Idai by providing energy solutions to affected communities, email Jennifer@energynet.co.uk or call +44 (0)20 7384 7707. More information about the Forum can be found at www.africa-energy-forum.com
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EnergyNet Africa
AFRICA INSIGHTS CORNER
Developing projects in Africa –
LESSONS LEARNT The following text is an excerpt from Episode 4 of the aef podcast series, which gathers the good, the great and the most knowledgeable African energy experts, all in one place. Here, Damon Thompson meets Daniel Metcalfe & Laura Kiwelu from global law firm Norton Rose Fulbright.
Damon Thompson: Daniel, Laura, it’s great to have a chance to connect before the Forum. Dan, I know you’re relatively new to the sector - I think your first aef was in Mauritius. What have been your key observations? Daniel Metcalfe: I traditionally started off as an infrastructure lawyer and did that for many years. Although I’ve done a lot of energy work in and around that, I haven’t really had a particular focus on power and energy until the last three or so years. For me, it’s been an interesting transition and a combination that other institutions have also made in terms of joining infrastructure and energy. The two are fairly indivisible when you think about it. Lots of it has been a continuum, but in terms of understanding the technologies and things like that, it’s a bit of a new learning. Because I’m almost exclusively focused on Africa, the one thing that is a constant is the fact that there is just a continuing need. Whilst technology is, of course, crucial and vital for development, at the end of the day, almost any technology
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will do in that we just need to be in a position where we’re bringing more power and energy to the countries, to the communities.
Damon: You’re a global firm. Are there any lessons learned from your work in places like Australia, for example, and other countries that you’re perhaps able to bring to your experience in Africa? Laura: I think certainly in Australia the interesting things are the more innovative technologies like battery storage, the fact that we’ve been really trail blazing in Australia on projects. Certainly, we want to see Africa as leap frogging onto these technologies, not just sticking with pure solar PV for a long time, but actually bringing in battery power, battery storage as well. I’m in regular contact with colleagues in Australia around the battery storage projects that they’ve been working on, considering lessons we can learn, and how these can apply to projects we’re working on in Africa that are involving small but increasing amounts of battery storage and the fact that
storage technology’s been mentioned increasingly on projects.
Damon: I think there are obviously some pitfalls when trying to develop projects. They can sometimes get stuck. What are some of the challenges, and are they unique to Africa in terms of getting a project from start to close? Daniel: I don’t think they’re unique to Africa… Africa hosts a number of developing markets. That itself brings challenges, regulatory challenges, economic challenges, political challenges. That’s actually the interesting thing about doing projects in and around and across Africa. You have those different dynamics involved, yet you have to be experienced and have an understanding of how to navigate those challenges. In terms of how best to go about that, really it’s about picking the right partners, picking the right advisors, early planning, understanding that it will be difficult, it will be challenging, and having realistic expectations.
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AFRICA INSIGHTS CORNER
Damon: Talking projects, you’ve obviously helped to develop a whole number. Is there one that you’re particularly proud of, one that really sticks in the memory as having really strong impact with you?
Daniel: For me, it’s one that certainly sticks in the memory because it was particularly difficult and challenging, but also it was quite a recent one, which is the Bridge Power project in Ghana, which we close the vendor financing of just before Christmas. 202
EnergyNet Africa
megawatts, gas fired, combined cycle in Tema in Ghana. That was a really interesting one, with a unique project structure.It also had quite a unique financing structure, vendor financing with some GuarantCo support…
CLICK HERE TO LISTEN TO THE FULL PODCAST The aef podcast series was developed to deliver valuable advice for anyone developing or investing in projects on the African continent. Hear exclusive insights from aef sponsors Globeleq, DLA Piper, Fieldstone Africa and Norton Rose Fulbright on the experiences of delivering projects, navigating challenges and achieving bankability.
DEVELOPMENT LESSONS LEARNT LISTEN NOW
DEVELOPING BANKABLE PROJECTS LISTEN NOW
NAVIGATING TRENDS IN AFRICAN ENERGY LISTEN NOW
GETTING PROJECTS MOVING LISTEN NOW 2019 The EnergyNet
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SHOWCASE YOUR NEWS Would you like to include a piece of content, report or news article in the next issue of ‘The EnergyNet’? Please contact the team for more information on how your organisation can be involved: marketing@energynet.co.uk
UPCOMING ENERGYNET MEETINGS IN 2019/20 INCLUDE:
ENERGYNET LATIN AMERICA Latin America & Caribbean
LATIN AMERICA & CARIBBEAN GAS
LGC
EnergyNet’s Latin America portfolio focuses on investment opportunities within the energy sectors of Latin America and the Caribbean.
14-15 NOVEMBER 2019
CONFERENCE & EXHIBITION
14-15 NOVEMBER 2019 PERU
25-27 FEBRUARY 2020 MIAMI
ENERGYNET Africa
10 - 11 OCTOBER 2019 • SENEGAL
11-14 JUNE 2019 PORTUGAL
10-11 OCTOBER 2019 SENEGAL
Africa
10-13 MARCH 2020 • ETHIOPIA
EnergyNet’s Africa portfolio focuses on investment opportunities within the energy sectors of North, West, East and Southern Africa.
10-13 MARCH 2020 ETHIOPIA
24-26 FEBRUARY 2020 MIAMI
Our team spend over 220 days a year travelling to meet stakeholders across Africa and latin america so relationships and investor insights are both our business and our passion.
For information on sponsoring, speaking and attending EnergyNet meetings, please contact Amy Offord on +44 (0)20 7384 8068 or email marketing@energynet.co.uk WWW.ENERGYNET.CO.UK