(Montel) North Africa could replace 6% of Europe’s fossil-fuel based power generation, potentially delivering 24 GW of clean energy through subsea interconnectors, said Rystad Energy on Monday. Additional interconnectors between Egypt and Greece, and Tunisia and Italy, will further boost Europe’s clean energy imports. Supply chain hurdlesCurrently, North Africa has solar and onshore wind installed capacity of more than 8 GW, while there are 350 GW of renewable energy projects at different stages of development. However, challenges such as supply chain constraints and financing hurdles may slow the deployment of these clean energy projects, according to the consultancy. “With limited local manufacturing capacity, the region must rely heavily on imports to meet its growing solar and wind energy demands,” it said, adding this reliance exposes North Africa to supply chain risks and price volatility.

Source: The North Africa Journal October 07, 2024 13:32 UTC