Africa Energy Challenges and Opportunities By Atef Marzouk Energy, Senior Policy Officer Department of Infrastructure and Energy African Union Commission.

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Presentation transcript:

Africa Energy Challenges and Opportunities By Atef Marzouk Energy, Senior Policy Officer Department of Infrastructure and Energy African Union Commission High Level Workshop on “Public Private Partnership” 30 June-1 July

2 The World at Day and Night …

1. Low Electrification Rate 1. Food - Fuel- Financial Crisis 1. Inefficient Operations and Distributions Systems 2. High Dependency on Traditional Fuels 3. Low Level of Energy Exchange among Countries 4. Under-exploitation of Renewable Sources of Energy ENERGY CRISIS IS REAL IN AFRICA IN TERMS OF ACCESS, QUALITY, EFFICIENCY AND FUNDING Energy Sector : Key Challenges

1. Large Hydropower Potential (Only 7 % exploited so far) 2. 8% of Global Natural Gas Reserves 3. 10% of Global Oil Reserves 4. Huge Potential of Renewables – Bioenergy, Solar, Wind and Geothermal 5. Huge Untapped Potential of Energy Efficiencies 6. Regional integration for Better Energy Supply and Security Energy Sector : Opportunities

Promoting strong policy and investment climate Diversification of the energy supply mix and promoting systems efficiencies Strengthening legal, regulatory and institutional capacity Investing in human resource development Regional / sub-regional integration and Interconnection - Development of the Hydropower Resources in a Regional Context - Establishing a Strategic Framework for Refineries and operationalizing African Petroleum Fund - Capturing the Flared Gas and delivering to Regional and International Markets - Implementing Dakar Plan of Action on Renewables and Promoting Energy Efficiency - Establishing an African Electrification Fund STRATEGIES AND KEY ACTIONS

Technology Transfer – a Key Issue for Africa Scaling up Renewable Energy Markets – Development of Local Manufacturing Capacities Promoting Energy Efficiency in Industries, Buildings and Transport Sector Creation of IRENA – a new Initiative ECOWAS Centre for Renewable Energy and Energy Efficiency Enhancing Energy Access and Promoting Energy Efficiency

Key Words: INTEGRATION, INTERCONNECTION, DIVERSIFICATION AND INVESTMENTS TRANSITION to Low Carbon Economy; Enhancing Energy Access for Bottom Billion; and Promoting Energy for Productive Uses TRANSFORMATION to Green Energy and Green Economies GREEN NEW DEAL WAY FORWARD

Thank you Atef Marzouk: Energy, Senior Policy Officer E- mail : Web Site: DIE 8