The EnergyNet blog – January 2018

This month’s blog comes from EnergyNet’s Managing Director, Simon Gosling.

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Dear Friends,

A very happy new year from all here at EnergyNet.

The team in London is already raring to go for our next 10 global energy and power summits, kick-starting with the Regional Energy Cooperation Summit in Abidjan.

Hot on its heels will be the East Africa Energy Infrastructure Summit and the AEF: Off The Grid Summit, both co-located in Uganda under the patronage of Her Excellency the Minister for Energy and Minerals, Minister Irene Muloni.

From my side, it was fantastic to be back in Washington D.C. at the end of last year putting together the agenda for 4th Powering Africa: Summit this February. Particularly exciting was the response from US intergovernmental agencies who are redoubling their efforts to invest in Africa and create partnerships to hasten the pace of energy development.

Damon, myself and Shiddika left emboldened with a clear message that the US is ‘Stronger Together’ with Africa, committed to generating vast levels of investment like never seen before.

Andy Herscowitz and the Power Africa team are again fully supportive of the Summit, and for the first time Ray Washburne – President Trump’s appointed CEO of OPIC – will contribute to the agenda to engage stakeholders from the continent.

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The 4th Powering Africa: Summit returns to Washington, D.C. from 28th February – 2nd March 2018

Another strong partner of the Summit is USTDA, who’s delivering more development funding to a more diversified mix of energies including off grid, solar, wind and most notably gas projects.

It’s clearly an exciting time following what can only be described as a strained 18 months. This was reflected by the response from the private sector, perhaps starting to sense optimism in South Africa following the ANC elections as well as in Ghana, Ethiopia, Uganda, Senegal, Nigeria, Cote D’Ivoire and Morocco.

Thank you for your continued support and should you wish to speak directly with me about how we can do more together, how EnergyNet can better serve your needs or just simply to have a catch up, please call me on + 44 7500 807 930.

I look forward to seeing you in DC this February and to a 2018 which sees an emboldened investor and a brighter Africa.

Kind regards,

Simon Signature

Simon Gosling

Managing Director

EnergyNet

The EnergyNet blog – November 2017

Welcome to the EnergyNet blog! We’ll be sharing with you some of the trips we take, people we meet and insights into the sector which contribute to our meeting agendas.

This month’s blog comes from Regional Manager for West Africa, Valeria Aruffo.

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Dear Friends,

Ciao! In preparation for the Regional Energy Cooperation Summit in Abidjan next January I’ve been travelling around West Africa these last couple of weeks, meeting with decision-makers from the region’s energy sector to help shape the agenda and find out what challenges they’re facing in 2017.

Senegal

My travels first took me to beautiful Senegal. With a population estimated around 14 million, imported fossil fuels power much of the country’s energy supply,
although the country also holds potential for biomass, wind & solar energy production.

Senegal boats

There I met with representatives from the Ministry of Petroleum & Energy and the Ministry of Senegal Emerging Plan (PSE). The PSE was formed as part of the Government’s ambitious plan to develop the country into an emerging economy by 2035.

During my trip, the Managing Director of the Senegalese Agency for Renewable Energy (ANER) confirmed to join us at the Summit. ANER is committed to deploying renewable energy solutions across the country, recently partnering with French utility ENGIE SA earlier this year on a solar project. I also managed to meet with the Senegalese Regulatory Commission of Electricity Sector (CRSE) and national utility SENELEC, who implement projects via public-private partnerships.

Ghana

Last week I returned to one of my favourite countries in Africa- Ghana.

The Electricity Company of Ghana (state owned utility for power distribution), will be an important contributor to our January meeting. The company is to be handed over to a private entity for a period of 20 years concession under the MCC Compact II, which aims to transform Ghana’s power sector and stimulate private investments.

I was delighted to return to the UK having confirmed the endorsement and participation of Dr. Alfred Ahenkorah, Executive Secretary of the Energy Commission (EC). The EC is responsible for the regulation, development & deployment of sustainable energy  solutions across the country.

I then met with Kweku Awotwi – recently appointed as Chairman of the Board of Directors of Volta River Authority (VRA), Ghana’s generation company.

ANER’s Managing Director Dijby Ndiaye from Senegal is to join Ghana’s EC on the renewable energy panel discussion, with Dr. Ahenkorah presenting Ghana’s leading example in the region on energy efficiency and the importance of standards and their harmonization.

During my trip I also had the pleasure of sitting down with Theo Sackey, Chief Executive Officer of CenPower Generation, the largest private IPP in Ghana – set for completion in the next couple of months. It’s laying the foundation for the future of IPP project financing as a true realisation of local development; its founding shareholders are Ghanaian and most of the equity is held by African entities and lenders.

Finally, I’m delighted to report we’ve just received endorsement from Ghana’s Grid Company (GRIDCo). Long time participants at the Africa Energy Forum, GRIDCo is in charge of the National Interconnected Transmission System of Ghana,  exporting electricity in Burkina Faso and Togo.

GridCo site visit

William Amuna, Former Chief Executive of GRIDCo and now Advisor to the Hon. Minster Agyarko, shows delegates around at a site visit to the GRIDCo power station at a ‘Powering Africa: Ghana’ meeting in 2015.

That’s all my updates for now – it’s been a whirlwind of meetings, new & old faces and some really great ideas for my programme. I’ll keep you updated as more organisations confirm.

Until next time,

Valeria

Valeria Aruffo

Programme Manager: West Africa

EnergyNet