An expansion in electricity production across sub-Saharan Africa will require $350 billion of investment if it’s to reach all citizens, with off-grid generation accounting for a fifth of the total, according to consultant Wood Mackenzie Ltd. The number of people in the region with access to electricity has grown dramatically over the past decade, but about 600 million remain without power.
is a case in point as it struggles to meet demand with an aging fleet of coal-fired stations. Mining companies and other businesses are establishing their own sources of generation for more reliable electricity. Cleaner, modular power systems will help displace diesel-fired backup generators in many countries, WoodMac said. And as costs for solar and battery storage decline, utilities’ traditional tariffs will lose their competitive edge.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
WoodMackenzie It can but it won't
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US, EU, India, S Africa reach consensus on COVID vaccine IP waiver - Sources - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The United States, European Union, India and South Africa have reached a tentative agreement on key elements of a long-sought limited intellectual property waiver for COVID-19 vaccines, sources familiar with the deal said on Tuesday. Mxm I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to cynthia_neliwe on Twitter She guides me through and i made a return of R15500 after a week of trading, connect with her Someone is murdered every 24 minutes in South Africa. South Africa has a higher murder rate than some countries which are situated in war zones. Forget COVID, disband the COVID committee. Forget about Russia and Ukraine. Rather focus on the real issues affecting South Africa.
Source: SABCNews - 🏆 37. / 51 Read more »