UP­COM­ING EVENT

The Star Early Edition - - OPINION & ANALYSIS -

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.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.