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 on theme: "Africa Energy Challenges and Opportunities By Atef Marzouk Energy, Senior Policy Officer Department of Infrastructure and Energy African Union Commission."— Presentation transcript:

1 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 2011 1

2 2 The World at Day and Night …

3 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

4 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

5 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

6 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

7 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

8 Thank you Atef Marzouk: Energy, Senior Policy Officer E- mail : marzouka@africa-union.orgmarzouka@africa-union.org Web Site: www.Africa-Union.orgwww.Africa-Union.org DIE 8

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