THE AFRICA Energy Indaba will be held on February 21 and 22 at the Sandton Convention Centre
Energy demands in sub-Saharan Africa have created investment interest in the independent power producer (IPP) regional market in recent years as the demand for energy in the region has grown.
However, South Africa has halted its lauded Renewable Energy Power Producer’s Procurement Programme, sparking fears over the growth of the regional IPP market.
In a bid to boost momentum in the regional IPP market and to continue the growth trajectory of recent years, the Africa Energy Indaba is the first energy conference on the continent to launch a specialised workshop event exclusively bringing together African utilities to meet private sector project developers and investors.
“Despite the positive developments in regional IPP energy projects, significant challenges remain for IPPs, especially when it comes to governments providing guaranteed off-take to IPPs,” said Paul Runge, a director of projects and development finance at Africa House, a partner consultancy to the event that provides clients with early alerts of projects across a broad range of sectors in sub-Saharan Africa.
“This has created significant risks for IPP developers and investors and will hamper the growth of the IPP market, unless other means and models are created to make the market more conducive to investment.”
For more information, visit www.africaenergyindaba.com.