After setbacks in the energy sector from between 2020 to 2022, progress on increasing electricity access rates in Africa has resumed. Both factors will require a major expansion in the energy system in Africa as the demand for electricity increases. The report says this is reinforcing the need for a faster expansion of clean energy worldwide. Gas projects’ growth in Africa in a changing energy landscapeThe rise and rise of electricityIEA Executive Director Fatih Birol said that after the “age of coal and age of oil, the world is moving rapidly into the age of electricity.”He said electricity has recently grown twice as fast as total energy demand. “The breathing space from fuel price pressures can provide policymakers with room to focus on stepping up investments in clean energy transitions and removing inefficient fossil fuel subsidies.

Source: The North Africa Journal October 17, 2024 01:46 UTC