Feb 14 2011
Research and Markets declared that it has added a new report titled “Green Energy in Africa” in its offerings. According to the report, a number of African countries have delayed the appraisal of their renewable energy sources during the global economic meltdown in 2008 and 2009.
The report mentions that the electric power sector of Africa needs reorganization, such as the launching of feed-in-tariff, removal of governments hold on power transmission systems and availability of easy third-party access.
The report indicates that the growing population and the successive increase in demand for electric power offers potential for the global players to enter into the renewable energy market of Africa and exploit the abundant availability of renewable energy sources such as geothermal, hydropower, biomass, wind and solar. The Energy Information Administration (EIA) of the US, finds a large volume of untapped wind power availability in the African market. According to the report, South Africa, Tunisia, Morocco and Egypt are the countries that accelerate the wind power generation capacity and expansion in Africa. In rural African countries, there is potential for the development of small hydropower plants. The report indicates how the European countries consider the solar power generation potential of Africa for investment. The report unveils the opportunities of deploying CSP technology through Desertec Industrial Initiative (DII), which in turn can increase the electricity demand all over North Africa and Middle East while trying to meet 15% electric demand of Europe.
The report enables the reader to attain an all-inclusive understanding about the prevailing market trends, governing rules that shape the growth of renewable energy market in Africa. It assesses the growing renewable energy trends related to wind, solar, hydro, geothermal and biomass along with their capability and power generation. It talks about the main issues that strike upon the renewable energy market and it talks in advance about the key growth areas of the African renewable energy market.