http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.84Change: 0.05
R/$ = 13.27Change: 0.04
Au 1133.93 $/ozChange: -0.92
Pt 1009.00 $/ozChange: -11.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Feb 07, 2013

AfDB to boost geothermal power development in East Africa

Back
Africa|Building|Climate Investment Funds|Concrete|Development Bank|PROJECT|Renewable Energy|Renewable-Energy|Resources|Africa|Comoros|Djibouti|Ethiopia|Kenya|Tanzania|Bank|Development Finance Institution|Energy|Renewable Energy Programme|Rift Valley|Drilling|Power|Thierno Bah|Tonia Kandiero|Eastern Africa
Africa|Building|Concrete|PROJECT|Renewable Energy|Renewable-Energy|Resources|Africa|Kenya|Tanzania|Energy|||Drilling|Power||
africa-company|building|climate-investment-funds|concrete|development-bank|project|renewable-energy|renewable-energy-company|resources|africa|comoros|djibouti-country|ethiopia|kenya|tanzania|bank|development-finance-institution|energy|renewable-energy-programme|rift-valley|drilling|power|thierno-bah|tonia-kandiero|eastern-africa
© Reuse this



Building on the success of its 400 MW Menengai geothermal project, in Kenya, the African Development Bank (AfDB) is focusing on developing Tanzania’s geothermal potential, with the required institutional framework and concrete geothermal sites already identified.

The AfDB was leading the development of scaling-up the renewable-energy programme of the World Bank’s Climate Investment Funds, which would include the financing of a geothermal development project.

This formed part of the development finance institution’s geothermal development programme for Africa, which saw it working on a series of small-scale geothermal units, adapted to the specific context of each country of the East African Rift Valley that had geothermal potential.

The AfDB was also currently busy with the development of a 50 MW power plant, in the Lac Assal region of Djibouti, while playing a central role in defining a geothermal development roadmap in Ethiopia.

Additionally, the bank had started the identification process of a site for a 20 MW geothermal plant in the Comoros.

“Our ambition is to support the accelerated development of the large untapped geothermal resource potential in the Eastern Africa region. Geothermal development has been relatively limited in this region in the past.

“Only about 217 MW of geothermal energy has been developed so far, most of it in Kenya. This is insignificant compared with the region’s huge potential, estimated at 10 000 MW in Kenya alone,” AfDB resident representative in Tanzania Tonia Kandiero said.

A new model had emerged to fast-track the development of geothermal resources in the East African Rift Valley and the financing of the early stage and high-risk activities mainly related to drilling by development finance institutions using concessional financing.

The financing would go to a special purpose company in charge of undertaking the drilling activities and taking most of the drilling risk.

“An eloquent illustration of this new model is the Menengai geothermal development project in Kenya, which the AfDB  has recently supported with about $150-million highly concessional financing from its own resources blended with climate investment funds,” AfDB senior power engineer Thierno Bah explained.

Once completed, the Menengai project was expected to created significant development opportunities for Kenyan citizens by increasing the energy supply in the country by an amount equivalent to the current consumption needs of 500 000 Kenyan households, 300 000 small businesses and some 1 000 GWh for other businesses and industries.

The project would displace around two-million tons of carbon dioxide a year, significantly contributing to the fight against climate change.

Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Renewable Energy News
Updated 5 hours ago South Africa is set to play host to Africa’s first international renewable-energy conference, providing a platform to showcase the continent’s numerous renewable-energy projects to high-level international delegates, in Cape Town, from October 4 to 7. The South...
Energy Minister Tina Joemat-Pettersson
Updated 5 hours ago There are indications that South Africa’s much neglected gas industry may start seeing renewed activity, as Energy Minister Tina Joemat-Pettersson on Monday pushed forward her ambitions for immediate focus to shift to the development of gas-sourced power, alongside...
South Africa’s successful Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) has not only brought in hundreds of billions of rands in economic infrastructure investment but has also seemingly become the fulcrum of the country’s proposed...
Article contains comments
More
 
 
Latest News
Updated 4 hours ago Koeberg unit 2 will be shut down on Monday August 31 for scheduled refuelling and maintenance and is expected to return back to service by mid-December 2015, Eskom said late Monday afternoon. The scheduled shutdown of Koeberg unit 2 is part of Eskom’s overall...
Updated 4 hours ago South Africa is set to play host to Africa’s first international renewable-energy conference, providing a platform to showcase the continent’s numerous renewable-energy projects to high-level international delegates, in Cape Town, from October 4 to 7. The South...
Minister in the Presidency for Planning, Monitoring and Evaluation Jeff Radebe
Updated 5 hours ago President Jacob Zuma has transferred the Ministry of Planning, Monitoring and Evaluation to the Department of Planning, Monitoring and Evaluation (DPME), thus completing the reconfiguration of government in line with changes made to the National Executive in May...
More
 
 
Recent Research Reports
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Training company The Intelligence Transfer Centre will host the fourth yearly Environmental Crimes Conference at the Indaba Hotel, in Fourways, Johannesburg between September 9 and 10. Confirmed key regulatory bodies that will attend the event include the Department...
The government of Egypt has said it is ready to provide technical assistance to Malawi in the development of the Shire–Zambezi waterway, which is designed to link landlocked Malawi to the Indian Ocean by opening the two rivers for navigation. Egyptian ambassador to...
Kenya is finally set to start building a new multipurpose petroleum pipeline, after securing a $350-loan from a consortium of banks, including South Africa's Rand Merchant Bank. The other banks in the consortium are the Cooperative Bank of Kenya, Citibank's Kenya...
MARAIS VAN HEERDEN The owner/operator should be able to view the overall project design and progress made at any time
Three-dimensional (3D) engineering design models can now be viewed on tablets, which enable stakeholders to view the design without having to buy the design software used to create it, says engineering design firm 3DDraughting executive Marais van Heerden. The...
Ford’s newest offering in a long list of newcomers to the local market in the last two years is the B-Max multi-activity vehicle (MAV). The B-Max will play in the so called B-MAV segment, or the small MAV segment, currently dominated by Toyota’s Avanza, which sells...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96