2018 promises to be another very active year for independent power producers and energy projects throughout Africa.
There is huge international investor focus on African energy projects and the role of IPPs due to the power shortages and load shedding in the various regions and the increasing demand for energy amongst the growing economies. Opportunities for projects using both renewable and thermal technologies are expanding. South Africa’s Department of Energy’s Renewable Energy Power Producer’s Procurement Programme (REIPPPP) launched an IPP development boom in the region; now there is investment across the continent in various technologies.
The 5th Independent Power Producers and Power Purchase Agreements Conference (IPP & PPA Conference) will once again take place alongside the annual Africa Energy Indaba conference in Johannesburg on Thursday 22nd February as an official side event.
The IPP and PPA day will be relevant across the board to those involved or interested in IPPs, regardless of technology and country.
Africa needs power, with only 25 percent of the population currently with electricity access, and poor supply the rule, not the exception. The cost of meeting Africa‘s power sector needs is estimated at $40.8 billion a year, equivalent to 6.35 percent of Africa‘s GDP. The lack of power infrastructure is proving a bottleneck to growth and is an urgent problem which needs to be addressed. More than 30 African countries are now experiencing power shortages.
Governments are becoming more sophisticated and increasingly opening up to private-sector and foreign investment. Monumental gas discoveries in East Africa between 2010 and 2012 have attracted investment and increased fuel-supply options for power generation. The United Nations’ Sustainable Energy for All initiative has attracted more than $120 billion in commitments for the sector in Africa. Most recently, in 2013, the United States announced its Power Africa initiative, underscoring the importance of the opportunity.
The IPP & PPA Conference will unpack the elements needed to understand structuring a bankable power purchase agreement (PPA) with the necessary knowledge on the key features of a PPA and when to use one. Added to this will be discussions relating to the African Independent Power Producer (IPP) market, what we need to know about energy projects in Africa, financing the projects as well as understanding the legal and regulatory environments. The growth of the Public-Private Partnership (PPP) will also be expanded upon in the conference and understanding how an IPP can successfully engage in a PPP.
To obtain more information relating to the IPP & PPA conference, please click here to e-mail