Market News and EISER Archive
Renewables could supply nearly a quarter of Africa's energy by 2030: report
Almost a quarter of Africa’s energy needs could feasibly be supplied by renewables within the next 15 years, according to a new report released by the International Renewable Energy Agency (IRENA) yesterday.
The report, which provides a roadmap for renewable energy deployment on the continent, found that a variety of modern renewable technology options could more than quadruple the contribution of renewables to Africa’s energy mix compared to the five per cent used in 2013, taking renewables share to 22 per cent of the mix.
The report identifies four modern renewable energy technologies that could play a major role in the continent’s energy mis: hydropower, wind, solar power, and modern biomass systems for cooking.